Coal Names Catching Upgrades

So we are sitting and waiting to hear from the Fed at 2 p.m. EDT. It won't be long now. I am tempted by straddles plays on everything from equities to gold to Treasuries. I'm not sure we'll see quite the move we did back on June 19, but I am a bit surprised to see the straddles premiums expiring on July 19 for ETFs such as the SPDR S&P 500 (SPY) and SPDR Gold Trust (GLD).

They feel a little light, a little low to me. Those might be shots I'm willing to take, but I would certainly lean towards the July 19th expiration rather than the weekly expiration. I could easily see the S&P 500 moving 30 handles between now and next Friday or GLD moving $4-$5....293 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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