As readers know, UNG is a dreadful financial instrument that generally loses a double digit percentage of value every month due to its rollover of contracts and contango.
Has UNG bottommed? Well, no, it never does, due to its rollover. Will it spiked or be manipulated upwards with winter?
These are straddles for November, December, and January. These allow an investor to profit either way, up or down, as long as the stock moves the encessary amount. Computed with StraddlesCalc Tool
Can UNG mover 12%, 15% or 20%? It sure can.
Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.