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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.
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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