Alan Knuckman's US Natural Gas Fund Trade

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Alan Knuckman of ‎Bulls Eye Option spoke on Bloomberg Markets about a bullish options trade in United States Natural Gas Fund, LP UNG.

He thinks that the natural gas is going higher and he believes that any sort of unseasonable weather could be a catalyst for the move. Knuckman wants to buy the January 2019, 5 strike call for $2.25. The trade breaks even at $7.25 or 6.93 percent above the current stock price.

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Posted In: OptionsMarketsMediaETFsAlan KnuckmanBloomberg Markets
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