UCO is currently down 11%. The 9 puts are up +125%, making this the perennial profitable straddle trade.
Reminder that today is the last day of the monthly USO rollover. At $8.25, UCO is in a perfect spot for a 7.50-9 straddle.
Strangles:
April:
With 4 days left, April straddles are extremely dangerous and are subject to the chance of a 100% loss. Much safer are the May strangles:
May:
Monday, April 13, 2009
UCO Down Sharply , USO Rollover Ends today, Straddles
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2009
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April
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- Performance of HAX Actively Managed ETF
- Earnings Straddles Update
- FAS FAZ Banging Again
- US GDP Q1 2009 Is Just an Advanced Release, to be ...
- Under Armour Shares Rise on Earnings
- S&P500 Most Oversold and Most Overbought Companies
- Daily MultiPeriod Performance of Leveraged ETFs
- FAS-FAZ Eclipse Update
- Straddles Update April 24
- Stock Paired Performance Tool Released
- The Next FAS-FAZ Eclipse
- Zenn Motor Update (ZNN), EEstor Announces Results
- Straddles April 23, Amazon
- Natural Gas Inventories
- S&P500 Most Overbought and Most Oversold Companies
- World GDP Growth for 2009 and 2010
- Leveraged ETFs Performance Since Inception
- Straddles Update April 21
- US Treasury on The Bank Stress Tests
- S&P 500 Most Oversold and Overbought Stocks, April 20
- Straddles Update
- UCO Straddles for May
- The Citibank Arbitrage: Extreme Number of Options ...
- Straddles for The Week April 20-24 (Optimal Sizing)
- S&P 500 Most Oversold and Overbought Stocks By RSI
- The Great FAS and FAZ Loss
- Dennis Gartman on BNN: Short Gold
- Earnings Calendar for the Week April 20 to April 24
- New Citibank Straddles
- S&P 500 PE Tracker
- USO Rollover Report for April
- Cheapest Stocks in the S&P 500 by P/E
- Citibank Straddles and Strangles
- UCO Down Sharply , USO Rollover Ends today, Straddles
- GM and The Easter Bunny
- Straddles for the Week April 13 - April 17 (optimal)
- Natural Gas Inventories Touching 5 year Top of Cha...
- Upcoming Earnings Straddles
- A Night With The Bears - Part II, Roubini says No ...
- A Night With the Bears
- Performance of XLF vs SKF, UYG, FAS, FAZ
- Stock Correlation Tool Released
- USO Rollover
- Alcoa Strangle
- Gold and Silver Straddles Update
- Straddles for the Week April 5-April 9
- Brazil Will Loan To the IMF
- UCO Straddles April 2
- Natural Gas Update
- USO Rollover for April
- FAS FAZ Live Loss-O-Meter
- Quotes from Mark Carney
- Performance of Direxion Leveraged ETFs
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April
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