Friday, May 14, 2010

Oil Crashing This Week, Profit From Oil Going Up or Down Next Week

Our favorite ETF for oil straddles is UCO. here are Straddles for next week, and for June. With only one week left to expiration, next week's offers the highest risk, and the highest potential rewards.

UCO is trading at $10.15, not quite perfect, but close.

Computed with StraddlesCalc Tool

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

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