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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 (NYSE: 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.

Posted-In: Alan Knuckman Bloomberg MarketsOptions Markets Media ETFs

 

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