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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.
Oil inventories will be released tomorrow morning. Here are the current straddles (strangles) for UCO in May.
Computed with StraddlesCalc Tool. As usual, the straddle requires a smaller move but any gains would also be lower.
Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.
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