UNG · United States Natural Gas Fund, LP

Track UNG — free

$10.34 -0.09 (-0.86%)

Rebalance outlook locked

Market Cap

$494.95M

47.55M

Options Calculator

Theoretical estimate

Estimate what a long-dated option on UNG could return if you hold it and the stock reaches a target price. Premiums are theoretical Black-Scholes-Merton values — tune the inputs to match your broker, then compare each strike's return against simply holding the shares.

Holding period

2.00 years

Implied volatility (%)

Implied volatility from the UNG options chain (Aug 28, 2026) — the market's own forward-looking estimate.Market-wide VIX 14.5.

Risk-free rate (%)

Latest SOFR (2026-08-27) — an overnight rate, a rough proxy over years.

Dividend per share $

Annualizes to a 0% yield. No cash dividends on file — set an amount to model one.

Target price at horizon

Spot $10.34 today.

Best strike

—

Highest estimated return

Return at target

—

— annualized

Breakeven

—

Stock price to break even

Hold the stock

—

— annualized, with dividends

Return by strike at your target price

Strike ladder

Strike	Moneyness	Premium	Breakeven	Value at target	Return	Annualized	Max loss

Per share; one contract = 100 shares. Premiums are theoretical Black-Scholes-Merton estimates — real options are American-style and priced off an implied-volatility smile, so use your broker's quote for the actual premium. Not investment advice.

Loading strategy simulator…

Key facts CIK 1376227 CUSIP 912318409 13F (30d) 70 filings 70 filers Visit website