June strike 15 calls are offering .85/share in intinsic value. That is a good risk to reward ratio considering the recent bullish triangle noted on the 1-month chart as of late. Shares bottomed at 13 and quite off the lows. I expect 15 to hold very well.
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UNG is a strong buy at 15.35 hedged against the June strike 15 calls. 7 comments
June strike 15 calls are offering .85/share in intinsic value. That is a good risk to reward ratio considering the recent bullish triangle noted on the 1-month chart as of late. Shares bottomed at 13 and quite off the lows. I expect 15 to hold very well.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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This post has 7 comments:
Not at all strong.... it's a good hedge if you consider rolling that strike month after month...
On Jul 23 03:24 PM mwfall wrote:
> guess 'very well' was a little too strong
On Jul 26 05:58 PM Jack Haddad wrote:
>
> Not at all strong.... it's a good hedge if you consider rolling that
> strike month after month...
>
> On Jul 23 03:24 PM mwfall wrote:
On Aug 05 02:18 AM Danny Devito wrote:
> UNG macd bullish, rsi bullish, I suggest to take a look to the spread
> UNG/USO even in a better opportunity
On Sep 01 11:45 AM Plant the seeds wrote:
> How does the failure of cap and trade (Pekins plan) have on Nat Gas
> outlook?
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