Wednesday, September 22, 2010

Dropping USD = Oil Higher, For How Long? Straddles

With the significant drop in the USD, oil is heading higher. As we know the current chaotic state of currencies where there is a race to devalue, here are straddles for oil, using our favorite UCO:

Computed with StraddlesCalc.

Please do your own due diligence. Optios are dangeorous and may cause 100% loss.

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