100% of UCO Straddles Bought at Equidistant Strike Points Have Been Profitable

Proof of concept no. 2.

Please take a look at the table below. It shows purchases of UCO at every equidistant strike crossover point during the last 2 weeks. In other words, since UCO has March strikes 6, 7.50, 9, this means buying the straddles or strangles when UCO was at:

-$6
-$6.75
-$7.50
-$8.25
-$9




(Please click to enlarge)





Update on IWM and other straddles as of EOD today: