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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.
UNG is trading close to $12, making it an attractive play for tomorrow's inventories. Here are the straddles:
The tables sbove show the maximum moves required for profitability for October and November, and were computed with the StraddlesCalc tool.
Please do your own due dilligence. Options are very dangerous and can cause 100% loss.
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