Thursday, August 4, 2011

Markets Melting Badly: IWM Straddles Soaring +100%

IWM are still my prefereed straddles:

FXY were bought in the middle of the upside and onside, so in no man's land right now.

Also, sold QQQ Aug puts but bought half back in QQQ september puts, as well as XLF calls. Now we just wait and see.

Note: 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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