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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
With rumours of acquisition swirling aroud these two companies, here are a couple of straddles for them:
YHOO:
SNDK:
The Yahoo straddle is quite attractive requiring a maximum move of 12.6%and an effective move of under 12%. The SNDK starddle is very expensive. We shall see if this is an indication of things to come.
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