Market Overview

Alan Knuckman's Bullish UNG Trade

Related UNG
Making The Natural Gas Trade Great Again
What You Need To Know About TD Ameritrade's 24-Hour Trading
August 23 Natural Gas Storage Report: Weather Is Bullish, But This Is Not News To Anyone (Seeking Alpha)

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


Related Articles (UNG)

View Comments and Join the Discussion!

Pains At The Pump, Gains For Oil Investors: The 2018 Gas Outlook

Najarian Brothers See Unusual Options Activity In SPY, DowDuPont, And Bank of America