UCO Straddle Failed Miserably – Straddle Explained
15. Mar, 2009 
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I messed up big time Friday. I decided to take advantage of the anticipated volatility caused by the outcome of Sunday’s OPEC meeting. Expecting that oil will swing either up or down significantly after the announcement, I decided to play “Straddle” using UCO (an Oil ETF I’ve explained before) What is a “straddle”? “Straddle” [...]
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