United States Natural Gas Fund, LP (UNG) PriceWatch Alert - Calendar Spread Risk Ranking Improves to 3 Keys
Posted: Monday, October 12, 2009 8:35 AM EDT
By: Market Intelligence Center Staff
United States Natural Gas Fund, LP (PCX: UNG) closed yesterday at $11.59. So far the stock has hit a 52-week low of $8.94 and 52-week high of $31.42. The proprietary Key Risk Ranking for UNG has improved from a 2 KEY Considerable Relative Risk to a 3 KEY Moderate Relative Risk. This Key Ranking is determined daily and is a measure of the relative risk for an optimal calendar spread trade on this underlying stock with a targeted 11.11% return (22.00% annualized for comparison purposes). This ranking looks at many factors related to the stock and associated option contracts. The Key ranking is intended as a guide for investors researching this underlying stock. [ABR-Seven Summits Research]
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