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Top Trades for Tue, 23 Feb 2016 10:29 – LNG

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Top Trades for Tue, 23 Feb 2016 10:29 – LNG
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LNG/Albo – They are getting tempting.  I'd imagine they have used these low /NG prices to lock in years worth of supply at $2 that they can export.  

We already have UNG as our trade of the year so it's kind of redundant to play LNG but they can be a little money machine if they hedged their supply.  2018 $25 puts can be sold for $5.50 so that's hard to turn down and you can be more aggressive with the $25 ($13)/35 ($8) bull call spread at $5 and you have a net 0.50 credit on the $10 spread that's $7 in the money to start.