Wednesday, June 30, 2010

Profitting From Financials Oil, and Gold Rising or Dropping

The markets continue to be highly volatile and unstable. This is a prime condition for straddles.

Here are July straddles and strangles for financials, Russel 2000, oil, and gold, via the ETFs XLF, IWM, UCO, and GLD (click on each symbol to receive buy/sell alerts)

(please click to enlarge)

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

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