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Politics : Welcome to Slider's Dugout

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From: SliderOnTheBlack5/6/2010 3:23:46 PM
1 Recommendation  Read Replies (1) of 50476
 
How To Use This Volatility........

You can sell the JAN 2012 $6 UNG LEAP Put for $1.21 premium.

Would you be a buyer of UNG at $4.80ish?

$6 - $1.20 premium = $4.80 cost basis +/-

UNG Jan 2012 6.000 put
(OPR: KAN120121P00006000)
Last Trade: 1.21
Trade Time: 3:11PM EDT
Change: Up 0.03 (2.54%)
Prev Close: 1.18
Open: 1.21
Bid: 1.14
Ask: 1.31
Day's Range: 1.21 - 1.21
Contract Range: 0.49 - 1.15
Volume: 20
Open Interest: 2,137
Strike: 6.00
Expire Date: 20-Jan-12

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SOTB
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