Natural gas: contango still dead, profiting from UNG going up or down

Natural gas continues to shine after contango died . With no contango until July or so, the popular UNG is now almost a real ETF.

With UNG very close to a perfect $6 strike, these are the current straddles for December and January.

Investors would profit if UNG moves the indicated amount. Computed with the free StraddlesCalc online tool


Please do your due diligence. Options may cause 100% loss.