Wednesday, March 25, 2009

Straddles March 25

UCO is trading at exactly $9.50. Here are the straddles:

Note the maximum move required is "only" 20%, which is fairly low for UCO. The actual move required is lower than this as there are still 23 days to expiration.

IWM is trading at 41.64. Here are the updated straddles:

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