EIDO Long Put Strategy
EIDO (iShares MSCI Indonesia ETF), in the Financial Services sector, (Asset Management - Global industry), listed on AMEX.
The iShares MSCI Indonesia ETF (EIDO) is structured to mirror the investment performance of a comprehensive benchmark composed entirely of shares from companies based in Indonesia.
EIDO (iShares MSCI Indonesia ETF) trades in the Financial Services sector, specifically Asset Management - Global, with a market capitalization of approximately $290.1M, a beta of 0.57 versus the broader market, a 52-week range of 10.72-19.29, average daily share volume of 1.4M, a public-listing history dating back to 2010. These structural characteristics shape how EIDO etf options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.57 indicates EIDO has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure. EIDO pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.
What is a long put on EIDO?
A long put buys downside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes below the strike minus premium at expiration.
Current EIDO snapshot
As of June 30, 2026, spot at $11.32, ATM IV 380.00%, IV rank 75.95%, expected move 108.94%. The long put on EIDO below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 17-day expiry.
Why this long put structure on EIDO specifically: EIDO IV at 380.00% is rich versus its 1-year range, which makes a premium-buying EIDO long put relatively expensive in absolute-cost terms, with a market-implied 1-standard-deviation move of approximately 108.94% (roughly $12.33 on the underlying). The 17-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated EIDO expiries trade a higher absolute premium for lower per-day decay. Position sizing on EIDO should anchor to the underlying notional of $11.32 per share and to the trader's directional view on EIDO etf.
EIDO long put setup
The EIDO long put below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With EIDO near $11.32, the first option leg uses a $11.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed EIDO chain at a 17-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 EIDO shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Put | $11.00 | $0.20 |
EIDO long put risk and reward
- Net Premium / Debit
- -$20.00
- Max Profit (per contract)
- $1,079.00
- Max Loss (per contract)
- -$20.00
- Breakeven(s)
- $10.80
- Risk / Reward Ratio
- 53.950
Max profit equals the strike minus premium times 100 (reached at zero); max loss equals the premium times 100. Breakeven is strike minus premium.
EIDO long put payoff curve
Modeled P&L at expiration across a range of underlying prices for the long put on EIDO. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.
| Underlying Price | % From Spot | P&L at Expiration |
|---|---|---|
| $0.01 | -99.9% | +$1,079.00 |
| $2.51 | -77.8% | +$828.82 |
| $5.01 | -55.7% | +$578.64 |
| $7.52 | -33.6% | +$328.46 |
| $10.02 | -11.5% | +$78.28 |
| $12.52 | +10.6% | -$20.00 |
| $15.02 | +32.7% | -$20.00 |
| $17.52 | +54.8% | -$20.00 |
| $20.02 | +76.9% | -$20.00 |
| $22.53 | +99.0% | -$20.00 |
When traders use long put on EIDO
Long puts on EIDO hedge an existing long EIDO etf position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying EIDO exposure being hedged.
EIDO thesis for this long put
The market-implied 1-standard-deviation range for EIDO extends from approximately $-1.01 on the downside to $23.65 on the upside. A EIDO long put expresses a directional view that the underlying closes below the strike minus premium at expiration, frequently sized to hedge an existing long EIDO position with one put per 100 shares held. Current EIDO IV rank near 75.95% sits in the upper third of its 1-year distribution, which historically reverts; this raises the bar for premium-buying structures and lowers it for premium-selling structures on EIDO at 380.00%. As a Financial Services name, EIDO options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to EIDO-specific events.
EIDO long put positions are structurally bearish; the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. EIDO positions also carry Financial Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move EIDO alongside the broader basket even when EIDO-specific fundamentals are unchanged. Long-premium structures like a long put on EIDO are particularly exposed to IV-crush risk through scheduled events (earnings, FDA decisions, central-bank meetings) where IV typically contracts post-event regardless of the directional outcome. Always rebuild the position from current EIDO chain quotes before placing a trade.
Frequently asked questions
- What is a long put on EIDO?
- A long put on EIDO is the long put strategy applied to EIDO (etf). The strategy is structurally bearish: A long put buys downside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes below the strike minus premium at expiration. With EIDO etf trading near $11.32, the strikes shown on this page are snapped to the nearest listed EIDO chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are EIDO long put max profit and max loss calculated?
- Max profit equals the strike minus premium times 100 (reached at zero); max loss equals the premium times 100. Breakeven is strike minus premium. For the EIDO long put priced from the end-of-day chain at a 30-day expiry (ATM IV 380.00%), the computed maximum profit is $1,079.00 per contract and the computed maximum loss is -$20.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a EIDO long put?
- The breakeven for the EIDO long put priced on this page is roughly $10.80 at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current EIDO market-implied 1-standard-deviation expected move is approximately 108.94%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a long put on EIDO?
- Long puts on EIDO hedge an existing long EIDO etf position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying EIDO exposure being hedged.
- How does current EIDO implied volatility affect this long put?
- EIDO ATM IV is at 380.00% with IV rank near 75.95%, which is elevated relative to its 1-year range. Premium-selling structures (covered call, cash-secured put, iron condor) generally look more attractive when IV rank is high; premium-buying structures (long call, long put, debit spreads) are more expensive in that regime.