C.O.B.R.A. System Buy Alert: 70% Gains in South Korea Puts
Economic slowdowns in China and the U.S., as well as supply chain bottlenecks, leaves South Korea vulnerable to lower growth and a decline in their stock indices. Using the C.O.B.R.A. system, Jim and Dan recommend a short position in EWY. This ETF is structured to reflect the price of publicly traded securities in the South Korean stock market and will result in large gains for the holders of puts on EWY.