Here are the current results on our BAC straddles posted. There is still lots of time left on these, but the profits are rather large so far as BAC has tumbled after its $5 monthly fee story.
These had been computed with StraddlesCalc Tool
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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.
Here are the current results on our BAC straddles posted. There is still lots of time left on these, but the profits are rather large so far as BAC has tumbled after its $5 monthly fee story.
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