$EWZ

MORGAN STANLEY WARNS OF BRAZIL MARKET SELLOFF Morgan Stanley forecasts a 20%–30% drop in Brazilian equities following Lula's election victory. The bank sees USD/BRL reaching 5.60, potentially 6.00 if fiscal concerns worsen, alongside 300–

BREAKING: Call option notional open interest on the Brazil ETF, $EWZ, has surged to a record $20 billion this week. This figure has nearly doubled over the last several weeks. As a result, total $EWZ call open interest exceeded 5 million