P PohPoh Jul 24, 2007 #11 Quote from rdm239: long an ung oct 40 50 cs for 2.20, what do you guys think? More... What's an ung oct 40 50 cs?
Quote from rdm239: long an ung oct 40 50 cs for 2.20, what do you guys think? More... What's an ung oct 40 50 cs?
R rdm239 Jul 24, 2007 #12 ung is the etf that tracks natural gas. i bot the October 40 50 call spread for 2.20
S scriabinop23 Jul 24, 2007 #13 Quote from rdm239: ung is the etf that tracks natural gas. i bot the October 40 50 call spread for 2.20 More... thats a decent trade. if ng settles oct at 7.00 or so, that spread will be double. good way to sell the volatility as well.
Quote from rdm239: ung is the etf that tracks natural gas. i bot the October 40 50 call spread for 2.20 More... thats a decent trade. if ng settles oct at 7.00 or so, that spread will be double. good way to sell the volatility as well.
