It has been through a real roller copaster since the disaster in Japan.
Given that URA is trading very close to $15, it is in a very good spot for straddles. Here are straddles for both March and April:
A 9% move until expiry in April will make the position profitable, either way. For May, that's 15%.
This is not advice. Options are very dangerous and may cause 100% loss. Please do your own due diligence!
No comments:
Post a Comment