Friday, April 30, 2010

Profitting From Oil Going Up or Down

The talk of the Greek nth on and off bailout affects the Euro, which affects the USD, which in the end is what moves oil. Below are updated straddles, with UCO very close to $14.

Computed with StraddlesCalc Tool. The move required is around 9%, at most, in 3 weeks.

Note: You may receive technical analysis and alerts of these stocks, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO).

Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.

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