• R2k
    In this manic market, seems like one could buy, say, UPRO & SPXU at exact same time. Both would be winners within a week's time. No angst.
    10/11/11
    Reply (4)
    • Demi9OD: Not here. Back at 1160 yeah.
      10/11/11
    • cheme: That's called a Straddle. It's done all the time.
      10/11/11
    • JCH57: Works until a trend finally emerges, then you eat the losses on one leg of it.
      10/11/11
    • cheme: A slow trend is no good...a fast one is. As long as you get an extreme move in one direction...you're OK (on a Options Straddle).
      10/11/11
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