There are a couple of strangles and straddles for two popular ETFs: USO and UCO.
They were computed within the free StraddlesCalc tool. The amounts indicated are the percentage move required for the position to achieve profitability.
Friday, February 4, 2011
Very high oil prices and oil ETFs: profitting from oil rising further or crashing
The current Egyptian chaos coupled with the very low U.S. dollar have pushed oil prices to over $100/barrel. These volatile situation are prime candidates for straddles, where, the investor may profit whether the underlying stock or ETF goes up or down,.
There are a couple of strangles and straddles for two popular ETFs: USO and UCO.
They were computed within the free StraddlesCalc tool. The amounts indicated are the percentage move required for the position to achieve profitability.
There are a couple of strangles and straddles for two popular ETFs: USO and UCO.
They were computed within the free StraddlesCalc tool. The amounts indicated are the percentage move required for the position to achieve profitability.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment