Speaking of natural gas, UNG is up to $8.34 today. Our UNG (click to receive buy/sell alerts) straddles are already returning +31%, in one day. As of 2PM:
They are already profitable even though UNG has moved just about 5%. This is because there are still 2 weeks to expiration and then the moves required are less than the maximum needed.
Note: You may receive technical analysis and alerts of these stocks, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO). Computed with StraddlesCalc Tool
Friday, June 4, 2010
UNG Straddles: +31% in One Day
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