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UNG is good buy at 15.90 hedged with June strike 15 calls

|Includes: The United States Natural Gas ETF, LP (UNG)

Shares have retreated from a recent high of 17.45.  Today, theyre trading at 15.90-- which is a moderate pullback but far above the 50DMA.  I recommend buying shares at current levels and writing June strike 15 calls at 1.70/contract.  This gives you an .80/share in intrinsic time value.