The PRO Service went long Natural Gas (UNG) on March 23rd @ $18 and five weeks into the trade it is trading at $27.75 with the July 15th $18 calls now up over 300%. A trend is a trend until it stops, and as per the chart below, UNG is still in an uptrend, a strong uptrend. Trade Management With the $18C now deep, deep in the money taking profits and/or rolling up to an out-of-the money strike is viable strategy, something along the lines of banking half, locking in a gain on the trade no matter what, and the moving into the Jun 17th $30C (2.20) or the July 15th $30C ($2.90) for the run into Fibonacci Target #3 in the low $30's. Alternatively, (and for the PRO options tracking table) simply leave well enough alone and hold the current position with a 50% trailing stop, i.e., exit if the gain on the trade drops to +154%.
