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Ultra Petroleum Corp. Message Board

  • dinkdestroyer dinkdestroyer Feb 14, 2013 2:03 PM Flag

    I sold the puts in this but without a dividend I don't want to hold it

    Good Company but Natural Gas is without a doubt the worst industry to wait out oversupply. The producers just keep producing and demand just never overtakes supply. Other industries seem to adjust their output in a more timely fashion. I sold the 2014 $13 puts which puts me long at a little over $12 in 10 months. I give it a 50/50 chance this gets put to me.

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