Monday, November 2, 2009

Gold: Yamana Reports Tomorrow, Profit From Stock Going Up or Down

Yamana Gold (AUY) reports tomorrow. So far this earnings season many gold miners have surprised. Yamana is a greatly volatile stock thast easily goes up or down 25% in a month, greatly as straddles are concerned. Here the are a couple as of 9:35AM.

They were calculated with StraddlesCalc tool and indicate the maximum move required for profitability. Actual move required may be smaller as we still have 18 days to expiration.

Options are very dangerous and may cause 100% loss. Please do your own due dilligence. The above is for infomation only and it is not advice.

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