MSCI Brazil Index (EWZ) June puts active after Brazil Senate impeaches Rousseff

MSCI Brazil Index (NYSE: EWZ) is recently down 58c to $28.45 after Brazil's Senate voted to impeachment

President Dilma Rousseff. EWZ call put ratio is 1 call to 3.5 puts, with the majority of the put volume in the June 28 and 20 puts. May weekly call option implied volatility is at 54, May is at 46; compared to its 52-week range of 26 to 61.

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