Naural Gas/UNG Play for Tomorrow: Storage Methodology To Be Changed

Natural gas inventories will be released tomorrow. There are rumours that the methodology used to determine the amount in storage will be changed. It is not known when exactly this change will occur. if it changes, we can expect a spike up. If not, a spike down of the numbers continue to be bad (and they should be based on mild weather). So anything can happen to the price of NG, a great scenario for straddles.

Below are straddles (strangles) for tomorrow on UNG (click to receive buy/sell alerts and TA).



Computed with StraddlesCalc Tool. Amove of around 10% is required by May expiration, still a long time away.

Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.