Today Italy's 10-year bonds hit record yields, this after Europe was 'saved" yesterday..
The solution so widely advertised does not really solve anything. The issue is timing.
These are straddles for XLF, the most popular financial ETF. XLF is currently trading near at perfect $14.
Computed with the free StraddlesClac tool.
Options are dangerous and may cause 100% loss. Please do your proper due diligence.