Watch out UNG it might be a buy

Discussion in 'ETFs' started by hajimow, May 28, 2009.

  1. hajimow

    hajimow

    I got in early into UNG a week ago and since then it has dropped but just two days ago there were some big activities on October options. Selling PUT 11 and buying Call 20 for a credit of 20 cents. I see UNG has bottomed and might be ready to take off. For sure it is volatile but maybe I am biased. I think it would be worth if you put it in your radar screen.
     
  2. Lucrum

    Lucrum

    A trader talking his/her book?

    No way!

    :)