Wednesday, November 3, 2010

QE2, Gold, and Yamana: Explosive Combination

This is not for the faint of heart. Our favorite gold miner Yamana, AUY, reports earnings today. In the past, earnings have been good, but future growth estimates disappoint, so te stock languishes.

Couled with the Fed's QE2 mega announcement today, this could mean fireworks. Here are straddles for November.

Computed with StraddlesCalc Tool

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

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