Quote from 4re:
I have thought about looking into options on commodities but never have tried it.
Romik,
If you look at a 6 month daily chart you will that the BB's had gotten very tight right before I entered so I was expecting a pop in one direction or another. So the straddle worked for me. I tend to use the BB's more than sitting around figuring the greeks. Before I enter the trade though I do look at the greeks to determine the best possible contracts to buy.
I understand, thanks for clarification Gary. I just have to figure out the best combination for me.
