Here is an update on the straddles on UCO posted Oct 15 and Oct 16, our favourite instruments for oil straddles.
(click to view please)
With UCO now trading at $14.84, here are new strangles, computed with the StraddlesCalc tool:
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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.
Here is an update on the straddles on UCO posted Oct 15 and Oct 16, our favourite instruments for oil straddles.
(click to view please)
With UCO now trading at $14.84, here are new strangles, computed with the StraddlesCalc tool:
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