Violent Moves in Gold and Oil: Profitting From Gold and Oil Going Up or Down

Gold and oil have taken a tumble today. below are straddles and strnagles that allow an investor to profit whether they go up or down, as long as they move the necessary amount, indicated below. We use our favorite miner Yamana (AUY) and the UCO ETF for oil.

Computed with StraddlesCalc Tool

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