we close totally our short hedge in EEM 38-39 represents a major support level for EEM (2oo days moving average of weekly prices) and we want to take profit on our hedge at this level You Might Also Like SC trade 1: long EWZ May 22, 2018 Buy VIX future Nov & close short Kering November 9, 2018 Sell call on Tesla June 6, 2018