Who would have thought that boring currencies could return 40% in 1 day. Here are updated straddle results for FXE, as of 2:50PM:
The Euro could have gone anywhere, that's the beauty of straddles.
Currencies are just chaotic, a sign of the times.
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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.
Who would have thought that boring currencies could return 40% in 1 day. Here are updated straddle results for FXE, as of 2:50PM:
The Euro could have gone anywhere, that's the beauty of straddles.
Currencies are just chaotic, a sign of the times.
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