Profitting From Oil Rising Further or Dropping: Volatility Rules

Oil has soared on the unrest in Lybia. Saudi Arabis is now discussing increasing oil production to prevent further price increases. The situation is highly volatile, a prime case for straddles.

Here are straddles for our favorite oil ETF, UCO.

Computed with StraddlesCalc tool.


Options are dangerous and may cause 100% loss. Please do your own due diligence.