Gas Investing News » Natural Gas ETF’s has put trade points to lower prices

Natural Gas ETF's has put trade points to lower prices

June 9, 2009 @ 6:51 am In Gas Market News,Uncategorized

At least one option player on Monday appeared to be taking a bearish stance on an exchange-traded fund tied to the price of natural gas on the view that its shares will dip significantly by October.

Andrew Wilkinson, senior market analyst at Interactive Brokers Group in Connecticut, stated:

It's a big bearish play on UNG.

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