Gold and silver were severely beaten up in these last two days, and there are even more renewed talks of a Greek default. The possibilities were even mentioned by the Greek finance minister himself. Some say this could be prelude to major weekend action.
A meltdown Monday, or a massive injection of money and stimulus will cause the market to move wildly.
Below are straddles computed with
StraddlesCalc tool.
As always, options are very dangerous and may cause 100% loss. Please do your own due diligence.
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