- SOLD STRANGLE UNG 100 JAN 15 26/18 CALL/PUT @1.20
Looking for UNG to consolidate a little bit and then pop. When it comes down I may go long instead of this neutral biased trade. With a %80 IV the pricing is good for selling. I have an alert setup for if the stock price gets down around $20 but I’ll be watching it everyday. If it goes below $20 I’ll probably go long.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!