Bloomberg

NEW YORK (TheStreet) -- Increasingly, a long U.S. Natural Gas ETF (UNG) and/or short U.S. Oil ETF (USO) position is appearing attractive. I often trade both, along with theirLike all ETFs, UNG and USO have inescapable administration and transaction costs eating away at longer-term returns. With the use of options, I am able to mitigate risk and take advantage of time decay. When I position into UNG, I either sell covered calls or write put options. My risk is lower and my...