Tuesday, February 22, 2011

Tensions in Mideast: Using GLD and Yamana Gold, and UCO for Oil

The current tensions in the mideast have cause commodity prices to soar or at the very least become very volatile. Above are current straddles (strangles) for gold and oil, in the form of the popular GLD ETF, as well as our favorites, Yamana, and UCO.

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

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