Thursday, April 29, 2010

UNG Straddles Results: +42.4%, So far

As suspected, UNG took a big move after storage was reported. The straddles we posted yesterday are returning +42% as of 12PM:


Last week I also put a fair large position on HND, the Canadian 2x bear version. Return today is 16%, but only about 7% since last week. These things need two good days in a row to make a killing.

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