UNG has risen significantly today and is now sitting close to $8. Time for our favorite straddles, which were wildly profitable last month.
UPDATE: And a perfect 8-8 at 2:30PM.
A move of about 7% makes the position profitable. Computed with StraddlesCalc Tool.
Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.