UCO, Oil Straddles For November

The action is all on oil for the last few days. If oil goes higher, it crushes the tepid recovery in the U.S. If the U.S. Dollar recovers, it crushes oil.

Here are straddles for November on UCO, which we prefer to USO, computed with our StraddlesCalc Tool. If oil moves, either way up or down, these can be profitable.




Note: You may receive technical analysis and alerts of UCO or USO, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO).

Options are extremely dangerous and can cause 100% loss. Please ensure do your own due dilligence.