United States Natural Gas Fund LP
Long
업데이트됨

Trade Idea: UNG April 17th 2 x 11C/-14C Zebra*

229
Here, looking to buy 2 x the April 75 delta calls and sell a -50 call against, with the resulting setup having a net delta of around 100 (i.e., the delta equivalent of 100 shares of stock). This is more buying power efficient than being in the stock, which is why I'm doing things this way.

As of today's close, the theoretical price of the setup is around a 4.62 debit, so will look to get filled in that neighborhood. I don't have a particular profit target in mind, but the local high was on 12/5 with a high of 17 ... .

Metrics:

Buying Power Effect/Max Loss: 4.62 ($462)
Max Profit: Infinite
Break Even: 13.30/share

* -- Zero Extrinsic Back Ratio.
노트
Dropped some more ... . Filled for a 4.44 debit.
노트
Closed the short call aspect for .49; cost basis now 4.93. Will look to re-erect the short call aspect should we get a pop at some point.
노트
Sold the April -14C call against on this pop for a .90 credit. 4.03 cost basis.
거래청산: 타겟 닿음
Closed for a 5.09 credit at the open; 1.06 ($106) profit. 26.30% ROC.

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