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Potential US Natural Gas (UNG) Trade Has 16.87% Downside Protection

Dec 04, 2017 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on US Natural Gas (<a href="http://www.marketintelligencecenter.com/symbol/UNG">UNG</a>) could yield about 18.32% (16.32% annualized, for comparison purposes only) in 410 days. Pair a long position in the stock with the Jan 18, 2019 $6 call for a net debit of about $5.04. This position also has 16.87% downside protection. US Natural Gas closed at $6.08 Dec 1, 2017. Technical indicators for UNG are bearish and support and resistance have been about $6.01 and $6.23, respectively.A

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