Our trade strategy for traders and investors was put up in the stock options around the SPDR Dow Jones Industrial Average (NYSE: DIA) and in the SPDR S&P 500 (NYSE: SPY).
In 2007, the DJIA was briefly at 14,000. Here was that volatility strategy for a straddle and for a strangle trade in options rather than in the stock market.
JON C. OGG
Contact [email protected] for any questions or corrections.
Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.
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