I’m passing on my one prospect of the day, a volatility play on UNG. With a price of below $9 per share and a dollar between strike prices, UNG’s option’s grid lacks sufficient granularity to construct a trade that meets my guidelines.

As part of my December learning project, I’ll be keeping an eye on trades placed on Dough and shall shadow those that catch my interest.

By Tim Bovee, Portland, Oregon, Dec. 13, 2016