The price of natural gas has recovered somewhat lately, bringing the dreadful UNG with it.
These are straddles (strangles) for UNG for June, July, and October. Note that June only has 3 days left, so they are in the beyond acceptable risk category. They will only be profitable if UNG moves about 8%.
Computed with StraddlesCalc.
This is not advice. Please do your own due diligence. Options are dangerous and may cause 100% loss.
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