A move of about 10% will make the position profitable. Calculated with StraddlesCalc.
Options are dangerous and may cause 100% loss. Please do your own due diligence!
Thursday, June 3, 2010
Is oil going up or down? It does not matter.
UCO is trading close to the $10 strike price. Below are 10 straddles for June, which allow an investor to profit either direction, as long as the stock moves the required amount..
A move of about 10% will make the position profitable. Calculated with StraddlesCalc.
Options are dangerous and may cause 100% loss. Please do your own due diligence!
A move of about 10% will make the position profitable. Calculated with StraddlesCalc.
Options are dangerous and may cause 100% loss. Please do your own due diligence!
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