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 Alert - (UNG)
Buy the United States Natural Gas Fund (UNG) July, 2014 $23 puts at $1.68 or best
Opening Trade
1-30-2014
expiration date: July 18, 2014
Portfolio weighting: 5%
Number of contracts =? 30 contracts
Keep in mind that liquidity could be an issue here. Yesterday, 1,549 contracts traded against on open interest of 2,297 contracts. The option market spreads here are also humongously wide and the volatility is of biblical proportions, which is endemic to the natural gas market.
They don?t call this market the ?widow maker? for nothing. So it best to enter a spread of small limit orders and hope for the best.
Here is the specific trade you need to execute this position:
Buy 30 X July, 2014 (UNG) $23 puts at?????$1.68
