Investment Strategies

Now, what news on the Rialto?
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Typhoon
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Investment Strategies

Post by Typhoon »

Okay, the world is going to hell . . . however, how do we make some money in the meantime :wink:

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Looking for things that have been beaten up and are currently unwanted and unloved by the financial analysts.

UNG: United States Natural Gas Fund L.P. (NAR)

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Out of curiousity I looked at the options,

the June 2012 options makes sense, however, the some of the July 2012 calls have me somewhat puzzled:

http://bigcharts.marketwatch.com/quickc ... 6&symb=ung

The current price of the underlying UNG: $17.92

The current quote for the July 2012 calls at a strike price of $7.00: $0.01

Unless civilization is going to end between now and then, this seems to be mispriced . . .
May the gods preserve and defend me from self-righteous altruists; I can defend myself from my enemies and my friends.
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