UNG - Bullish-neutral Iron Condor

The major activity in natural gas, especially over the past 2 weeks presented an opportunity to make a bullish-neutral bet.

31/32/42/43 JAN19 IRON CONDOR @ 0.73 CREDIT

General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.

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Trade ist aktiv:

31/32 Put Credit spread is currently being tested, at this moment patience is the name of the game. Waiting for price action over the upcoming days for an opportunity to reduce risk if needed. There's still a whole 35 days till expiration.