The Greek comedies or tragedies are pushing the Euro to the brink. Below are straddles for the most common Euro ETF, FXE, for both July and August.
These allow an investor to profit either way, up or down, as long as the underlying (FXE) moves the indicated amount - either way.
Computed with the free StraddlesCalc tool.
Please do your own due diligence. Options are dangerous and may cause 100% loss.
Friday, June 24, 2011
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