Holds profitable UNG options; plans to sell near downtrend line but may add on price drop.

There is an exchange-traded fund (ETF) called UNG, and we will explain how to trade options in detail later. but the stock symbol is UNG, and as you know, UNG stock has seen good moves.

This is the US natural gas fund, and we have opened some buy positions, which are essentially futures options , and I still hold them. I sold most of them, I sold half of them at double the price, and thus got my money back completely, and when the price went up even more, I sold more.

I already have some options that I will sell as we approach the downtrend line, if we ever do, but in both cases I am a winner, in fact I am making a big profit. I will add to it if the price drops, and these are options that expire after about 90 days, or maybe 60 days.

However, since my U and G indicators are getting very close to the downtrend line, I might consider selling my entire position.