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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.
With today's breakout in gold, here are straddles and strangles on GLD, Yamaya, and Kinross, for September and October. Maximum moves required for profitability are shown. Actual moves required will most likely be smaller.
(please click to enlarge)
As always, options are extremely risky. Please do your DD.
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