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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.
Natural gas near futures are trading at $3.96, +0.02., and the dreadful UNG is hovering at $7, a perfect spot for straddles. Here they are, for May expiration:
Computed with StraddlesCalc tool.
Options are very dangerous and may cause 100% loss (although this is less likely with a perfect straddle). This is not advice. Please do your own due diligence.
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