Tuesday, December 15, 2009

Straddles For Fed Notes Release Tomorrow: Throwing Cold Water On The US Dollar Rally

The Fed releases its meeting notes tomorrow. They may throw some cold water on the recent US dollar rally based on expected interest rate hikes.

Here are some crazy straddles for the US dollar, and gold (plus Yamana).

The moves required are tiny, but there are 3 days to expiration, therefore they are extremely risky.

This is not advice. options may cause 100% loss. Please do your own due diligence.

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