Following our UCO straddles posted last week, here are the current prices and ROI:
There is another one returning +40% so far. We expected oil to down down, yet it went up, likely due to the collapsing USD. With straddles, it does not matter.

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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Following our UCO straddles posted last week, here are the current prices and ROI:
There is another one returning +40% so far. We expected oil to down down, yet it went up, likely due to the collapsing USD. With straddles, it does not matter.
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