Monday, July 12, 2010

Natural Gas Straddles (UNG) +37%

UNG never disappoints. Here are our UNG July straddles from June 15. UNG was trading then at $8.67. Today is trades at $7.46:

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Glenn Archer said...

Something isn't right in your calculations... the straddle has lost $0.02 currently (July 8 P at $0.57)

The Shocked Investor said...

Glenn, not sure what you referring to. There were 26 calls versus 48 puts. It is not just a matter of adding the premiums.

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