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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 to be released tomorrow and with UCO trading near $11.57, here are today's straddles. Note that there are under 2 weeks to expiration so the risk starts to increase here.
Computed with StraddlesCalc Tool. Indicates a max. move needed of about 10%.
Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.
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