Natural gas: Great UNG opportunities for January

A quick look at the natural gas ETF reveals interesting possibilities. UNG is trading at $5.71. These are the January 6 straddles:

Stock:	UNG	Current price:	$5.71
Call Strike:	$6	Call Premium:	$0.16
Put Strike:	$6	Put Premium:	$0.44
Number of calls:	63	Number of puts:	23
Call$ invested:	$1008.00	Put$ invested:	$1012.00
Straddle Cost:	$0.60	Dollar Cost:	$2020.00
Comments:
Max move req. to upside:	10.69%	Max move req. to downside:	-10.30%

So a move of about 10% will make the position profitable.

Computed with StraddlesCalc.

This is not advice, please do your own due diligence.