Banks and Financials Raising More Funds = Leading Down: Profit Up or Down With Straddles

With stocks about to potentially suffer major losses, and this being related to banks and financials woes, below are straddles for XLF, for October and December. XLF happens to be sitting at a perfect price equidistant from strike prices.

Computed with the free StraddlesCalc Tool, which shows the number of puts and calls for a given amount to spend, and the moves required for the position to become profitable.



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