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Short $TUR on upcoming elections on Sunday
Turkey: Hyperinflation and Earthquakes = a possible short side play
Good time to buy Straddle on TUR [iShares MSCI Turkey ETF] Based on Volatility of Turkish Lira?
I am going to short the whole country of Turkey.
Mentions
https://www.imf.org/external/datamapper/GG_DEBT_GDP@GDD/CAN/FRA/DEU/ITA/JPN/GBR/USA/FADGDWORLD/AUS/CHN/BRA/IND/IDN/KOR/RUS/TUR How about using the G20 as a definition of major economies rather than a selection of cherry picked countries.
$QEFA Sometimes the entire country etf is value because the country is value. $KWEB $ASHR $TUR You can also invest in intl companies via adr or otc listings $NPSNY or maybe they’re just an international company listed here $PBR Finally, American companies with significant international revenue $CAT
I feel like you’re joking, but TUR has been outperforming for last 2 years
TUR is up 23% in 3 months Turkish economy be poppin'
And yet, INDA (India) and TUR (Turkey) are flying past the SPY
I had....but the fund manager can not handle a 30% currency devaluation so he closed it. Even after devaluation i was still positive. look EGPT ( [vaneck.com/us/en/press-releases/vaneck-announces-changes-to-etf-product-line-egypt-index-etf.pdf/](https://www.vaneck.com/us/en/press-releases/vaneck-announces-changes-to-etf-product-line-egypt-index-etf.pdf/) ) week hands. if the gov devalue currency slowly it works because local people buy stocks to save their wealth and you make good return even with the currency devaluation. Done the same with Turkey (look TUR ETF). Thx god for all these country that killed their local currency
Didn't TUR do something like +60% in fine years? Sounds like a winning bet to me.
TUR ETF. even with currency loosing value....everybody rush to buy stocks in there. I tried to do the same with EGPT ETF but they devalue 25% in 1 day so too much for ETF holder and they liquidate it. my position was still in green due to +30% before that
TUR got that negative Erdogan premium
MSCI ETFs. EIDO = Indonesia, TUR = Turkey. They've got one for mostly just about everybody.
I never knew you could place calls on specific countries until recently. July Indonesia 21C EIDO, May Turkey 36C TUR 
As a retail investor it's going to be very challenging. The typical approach would be to buy bonds denominated in the currency of interest. If you deal with a full service brokerage, you might be able to get Turkish Lira denominated bonds through them but you may have to call in for an exotic request like that rather than just buying through the app. A simpler approach might be to buy the Turkey ETF TUR which would respond positively to anything that strengthened the Turkish Lira, and which is very easy to buy.
I don't do technical analysis. If anything, I use it to understand what everyone is looking at. But I don't use it for trading. My trading is mostly neutral to direction, and I trade volatility - almost exclusively with straddles. I like to identify setups where price-insensitive flows make it super easy to collect the premium. I published a very good example of that in an [article](https://www.sharpetwo.com/p/how-to-sell-premium-in-ewz-and-tur) about 0DTE in EWZ and TUR. So, my job is a lot of data analysis to identify where the price of options is too expensive compared to the actual risk of the market. It's called variance risk premium, and I also wrote about it [here](https://www.sharpetwo.com/p/blending-iv-rank-and-vrp-a-path-to). The last thing I do is long/short volatility between two ETFs that look awfully similar and where there is a disconnect in price. It's a bit more technical, but again, there is a lot of data analysis, and it works wonderfully. Trading is hard, brutal even and data analytics is the only way I found to have a regular edge.
Np also $TUR is turkey imsci ETF
and their TUR ETF is still only losing 5.7% YTD... you literally could have parked your money there and you would have lost less as a Turk. LOL.
I'm buying TUR to celebrate Thanksgiving
I remember selling TUR puts after one of those typical election/central bank troubles... never managed to get any shares before it doubled
hIISS TUR EE shitslugs. Lern it. " In other words, should you “sell Rosh Hashanah and buy Yom Kippur?” **A Wall Street adage indeed suggests that the stock market is weaker over the 10 days these two holidays are observed**. Belief in this seasonal pattern has a long history; it was mentioned in the financial press as early as 1915."
I watch it and made good return from it. Ticker TUR
i m betting my TUR (turkey) ETF beat both
TUR was the best performing ETF in 2022. Turkey lowered interest rates while everybody else raised them, making their market go up while everybody else's went down with rates skyrocketing. House of cards.
Question, excuse my naivety, but how do you deal with massive inflation like that day to day? Is it really about 50%? How does anyone get the will to go to work when the money you earn is constantly devalued? Do employers constantly adjust salaries? What about groceries and common items? I visited Turkey in 2015, amazing country. Istanbul, Izmir, Cappadocia and all down the west coast. I feel like i was paying $3 TUR for a soda or like $15 TUR for a lunch or something like that back then? Can’t remember. What are prices now? How bad are things there now? Thanks
Put your money where your mouth is and short $TUR ---but you won't bc you're the joke.
So my TUR Puts making money!?
I shorted TUR. Hoping to see tomorrow. 
No but I'd go short $TUR
Is $TUR a penny stock or F-rated debt vehicle?
Reporting from Turkey. Lira is overvalued and qt is expected right after run off election. I would buy puts on $TUR but i have no money.
Try iShares MSCI Turkey etf : TUR But I guess you need to know the Turkish lira was already battered before so any fluctuations in Forex will ruin your short position.
Good shout! My broker has 5:1 leveraged TUR CFDs available! Thats a good start. Not an exciting leverage but I'll take it.
Short TUR. not a financial advise.
Anyone playing turkish elections? $TUR and USD/TRY
Interesting point. But a 10y chart on TUR looks pretty bad.
Actually it still performed extremely well. If you look at an ETF like $TUR, it's a fund denominated in USD, not Lira, and still had a 100% gain last year. That means you didn't even have to touch a Lira to see those gains.
Here are a couple of Turkey based ETFs... ***iShares MSCI Turkey ETF (TUR)*** ***NASDAQ: TUR · IEX Real-Time Price · USD*** ***32.62 -0.59 (-1.78%)*** ***At close: Mar 31, 2023, 4:00 PM*** **iShares MSCI Turkey ETF (NASDAQ: TUR)** Created in 2008, the iShares MSCI Turkey ETF attempts to match the performance of the MSCI Turkey Investable Market Index. The 50-stock portfolio achieves this by typically investing 99.5% of its assets in securities that make up the benchmark index as of October 2020. This includes small-, mid- and large-capitalization Turkish stocks that trade on the Istanbul Stock Exchange. \* **ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA: EDOG)** Launched in 2014, the ALPS Emerging Sector Dividend Dogs ETF aims to track the performance of the Network Emerging Sector Dividend Dogs Index. The ETF holds mostly large-cap emerging market stocks that pay a high dividend yield. Investors gain exposure to Turkish stocks through the fund’s 7.69% allocation to the country as of October 2020.
The ETF "TUR" is a good one to look into if you'd like
You can short iShares MSCI (TUR) I think.
its complicated.. i would think it would depend on the company, nature of its business , and if a big part of their revenues are coming from the affected areas. I would look into construction, engineering, material companies as they will need to rebuild. personally i like TUR
iShares MSCI Turkey ETF (TUR) gives you exposure to turkish big caps companies. Turkish index XU100 was already set to a bear market but the earthquake seems to have triggered it early and caused more significant drops. It had 8 daily red candles before the earthquake which happened twice in its history. The drop it experienced before was one of the major losses in the index again. It already made 400% returns to it's investors and hit historical resistance levels (2017 tops on XU100/USD charts) Technical indicators on the weekly is showing the trend change. The trend in twitter everyday is for the trades that happened on the week of the earthquake, feb 7 and 8(and the friday session of feb 3) to be cancelled. Because of this pressure they already cancelled all transactions that was on 9th. The index was down -7%. Now it is reversed. The stock trade may resume on 15th of february. And looking at the sentiment and te impulsive retail of turkish stock market, It is bound to go to through it's worst bear market since it's been through it's best bull. But it's the turks, anything can happen. Manipulation of markets and corruption is a thing. DYOR
$TUR ETF is not halted on NasdaqGM
There weren't any big intraday moves in TUR.
TUR ETF puts after earthquake
Shorts are in dollar terms. Don't be so sure the dollar doesn't depreciate rapidly with stocks doing pretty well. Comparative example: TUR in dollar terms is fine: https://www.ishares.com/us/products/239689/ishares-msci-turkey-etf Lira to dollar: https://www.xe.com/currencycharts/?from=USD&to=TRY&view=10Y Stocks skyrocketed in Lira terms as people fled the Lira.
Turkey not surprised. I owned a little and it had the lowest P/E. I would have been surprised by the magnitude though. "UK equity not far behind", I still don't believe you. EWU underperformed TUR by 100%. But tbf, it was a bit above most other markets. Growth underperforming I would have believed. It was pretty bubbly back at the start of 2022. Gilts doing poorly I would have believed, but not as poor as they have.
Yup you can see $TUR is blackrock Turkey index similar to S&P 500
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Yeah sadly ARGT and TUR , especially TUR have outperformed based on MSCI ETFs can someone please explain why countries in hyperinflation are outperforming the American indexes?
For those who invested in Turkey 🇹🇷 in the ETF TUR are up 96.7% for year 2022. In the last 3 months alone over 60%… hmm I might throw some $$ at it
Easiest way would be a mutual fund or ETF. iShares has a Turkish ETF, ticker TUR. Wouldn’t recommend it tho, you’d buying high hoping to sell higher
Given I can’t make sounds via the inter webs…what you hear must be of your own creation! Never all in brother! Well, not all allll in. I’d wager TUR is a pretty safe bet given all the craziness happening. They in a pretty comfy spot. Netanyahu though getting back in power might shake things up. But we good for another year.
Everyone wants whomever is in leadership in Turkey. Always. Y’all jump in on TUR yet?! It’s up almost 100% in the year and still got a ways to go.
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At one point I bought like $300 of TUR on a whim and it has just been sitting in my account bouncing around between like $250 and $375 for like 4 years. I looked at the price the other day and was like WTF. I should probably sell it I guess.
Turkey's stock market is still super cheap. PE of TUR is in the 8 range right now. Most emerging market economies (a lot of sus ones too) easily trade above 10.
The etf for Turkey, TUR, has been fantastic all year, +75%. I sold a couple weeks ago, because 1) it is 100% gonna crash at some point, 2) TUR had been flat a couple weeks then went down on the 13th. So I thought, turn out the lights the party is over. Since then though, it went up the next few days, but was flat this week. You could give it a try, but I would definitely bet against six more months of upwards... and remember, this isn't worth getting into for +10% in six months because the day it crashes it will likely be gigantic. On the other hand, there might be a final upward spike before a crash, so something less than a six month window might be worth the risk for a smallish part of your assets.
You can short $TUR which is an iShare product based on MSCI Turkey index. The ETF is optionable so an option-based strategy may make more sense if you plan to short it.
ROFL. As usual WSB is wrong. $TUR in USD terms in us market is up over 80% year to date. Best performing index in the world.
The TUR ETF is also up 50% over the last 6 months. Ask me how I know.
That's only for hard cash though. Anything they had invested in stocks is fine (Checkout MSCI Turkey: TUR denominated in dollars, it's doing just all right). And their earning potential would have gone up in line with inflation (if earnings were stagnant, you wouldn't get such high inflation in the first place).
What is going on in Turkey (TUR)? Did they invent an everlasting lightbulb?
Lol my TUR calls cancelled out the complete obliteration on MSOS in my portfolio.
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Is Turkey (TUR) being paid by the Russians or something?
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Who else is bullish on TUR?
Anybody else playing TUR? Great day to buy cheap options.
thinking of shorting TUR (buying puts) anyone else? Turkey ETF up almost 100% in 6 months. Erdogan has let hyperinflation run wild but the reality of that is gonna set in at some point
(Not a spac) but anyone know what's going on w/ TUR? The turkish economy ETC? It's up 90% since july with no pullbacks. I understand they are doing QE while already having hyper inflation, but is this an infinite money glitch?
Did I find an infinite money glitch with TUR? It's the Turkey economy ETF. It's legitimately been going straight up since July of this year, its up 90%.
Anyone with better international knowledge that can explained why TUR (Turkey ETF) is up almost 100% in a few months?
Is turkey still doing QE? Puts on TUR should print in a couple months
Jokes aside Turkey ETF(TUR) is up %70 ytd :)
If you pick specific countries that have a reason to grow for the short, medium or longterm, then no problem. Just picking a random country or all countries regardless of current circumstance is a bad idea. Russian ETFs, bad idea this year. Turkey/TUR is up 56%. China/FXI is down 26%. On the other hand, China could boom next year. You might want to look into an emerging markets ETF, but look under the hood. Some of those are really just Chinese ones because they are weighted so heavily that way.
People like to dunk on Turkey's inflation rate and their president pushing to cut interest rates, but TUR the Turkey ETF in USD terms is up 35%+ year to date while everyone else is down.
Anyone know Why is the etf ‘TUR’ going up so much. The inflation in turkey is crazy high but the market is just going up
Man I meant to add a put to my watchlist to keep this TUR ticker in mind, but accidentally added a call. Up 1,000% today! I didn’t buy obv, but thought it was funny since I just saw this yesterday. OP your thesis still holds water and major discount on puts today
I hate asking you this, because it goes against what I posted about entirely. But if you had to guess, would it be wise to invest in the TUR right now, since after doing more research the people in power in Turkey seem to live in la la land and will continue to make their market appear strong? Or is this playing with fire?
I found an etf that tracksa bunch of Turkish companies, ticker is TUR. Here's a link for more info. https://www.ishares.com/us/products/239689/ishares-msci-turkey-etf#/
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Anyone know why turkeys index TUR is down more than 10pc?
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what u think of TUR etf, write calls?
thinking of buying TUR am i crazy
Swing trading TUR this last year has been fun
$TUR might be the easiest way to go short/long the lira. https://www.investopedia.com/news/3etfs-turkish-crisis-contrarian-play/