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Alan Knuckman's Bullish UNG Trade

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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

 

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