As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen.
Trade- (UNG)
Sell the United States Natural Gas Fund (UNG) July, 2014 $26 puts at $2.77 or best
Closing Trade
2-26-2014
expiration date: July 18, 2014
Portfolio weighting: 5%
Number of contracts? = 23 contracts
We have pretty much captured all of the downside in the (UNG) related to the expiration of the February futures in natural gas. In additional, we have inventory figures coming out soon, which could lead to a short term pop in the commodity.
We are up 28% in a mere two days on this position, making it one of the most profitable since the inception of this service. Therefore, I want to take a short-term profit here and reenter the short side on the next rally.
Sell 23 X July, 2014 $26 puts at????????????????.$2.77
Profit: $2.77 - $2.16 = $0.61
($0.61 X 100 X 23) = $1,403, or $1.40% for the notional $100,000 model trading portfolio
