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.
Thursday, May 20, 2010
Greatest Month Ever For Oil Straddles: +403.72%
OpEx is tomorrow. May was a very good month for oil, particularly our favorite oil ETF: UCO. This ETF is just fabulous for straddles. Prices as of 1PM today show an ROI of over +400%:
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