25000 UNG Jun16 7.5 puts went up in 2 blocks on the PHLX marked buy write. ??
Shares of United States Natural Gas (UNG) are down .19 to 7.51.? UNG is near the middle of the 52 week range.
- Paper traded 25000 UNG Jun16 7.5 puts at .225.?
- The ADV is 18k contracts.? ?
- The open interest is 50 contracts.
The volume went up in 2 blocks on the PHLX marked buy write. ??1.15 million shares of stock went up as well so the trade looks like a delta neutral front spread with the investor betting on a tight range for UNG.
- IV 30 is trading for 32%.?
- HV10 is trading for 21%.?
- IV 30 is above the HV 10.
United States Natural Gas Fund, LP is a limited partnership. The Company is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc. (the NYSE Arca).