Alan Knuckman's Bullish UNG Trade
Alan Knuckman of Bulls-Eye Option shared with the viewers of Bloomberg Markets his long-term bullish options trade in United States Natural Gas Fund, LP (NYSE: UNG).
He wants to buy the January 2020, $5 strike call for $1.75. The trade breaks even at $6.75 or around 19 percent above the current stock price.
Posted-In: Alan Knuckman Bloomberg MarketsOptions Markets Media ETFs
© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.