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Friday, March 24, 2023

Options trading : US Natural Gas ETF (UNG) semi-bullish trade

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3/23/2023

sell -1 March 24, 2023 $7 put at $0.07 (credit)
  • 1 DTE
  • prob ITM/assignment: 30% (average)
  • UNG = $7.19


3/24/2023 (expiration)

UNG closed at $7.33 

put option expired

PROFIT:  $7.00