Trades - 7/6/09 - UNG

STO (4) Naked Put - UNG (US NATURAL GAS FUND LP) July 09 @ $12 for $0.35 each. Net Premium $137.

Risk Management:

Ticker: UNG
Expiratoin: 17-Jul-09
Invest Date 06-Jul-09

Current Stock Price $12.55
Strike Price $12.00
Premium $0.35
Annual Dividend $-

Days to Expiration 11
Return (Assumes CSP) 2.92%
Annualized Return 96.78%
Downside Protection 7.17%
Effective Dividend if Put 0.00%