If you haven't taken this trade yet, reconsider, especially if EEM trades below $40. Longer-term Jun 16th Puts (123 days) provide a lot of time buffer for a 10-15% decline as Wave (3) kicks off. EEM Intermediate Term Trading Model These were the Sells from 2022's Wave 5 of (1) Down Feb 23: Sell @ 48.01 ----> 40.87 (interim lows) Apr 12: Sell @ 44.74 ----> 38.92 Jun 13: Sell @ 41.53 ----> 37.92 Aug 22: Sell @ 39.93 ----> 33.74 EEM - Longer Term: Waves 1-3 of (3) Down due next Longer Term Option (123 Days) Jun 16 $40P (currently 1.40-1.50) Targets: EEM <35; Jun $40P >6 Stop: 50% Trailing, i.e. risk 1/2 to make 4X+
