On January 20, Eastern Time, Us Natural Gas options saw a total of 209490 contracts traded, with calls accounting for 76% and puts making up 23%.
Us Natural Gas has 353479 contracts outstanding, with calls accounting for 74% and puts making up 25%.
The top volume gainer was the 12.5 dollars Call option expiring on January 21, 2026, with 16762 contracts traded.
On the news front, Based on recent key news:

1. Jan 21, U.S. natural gas futures soared due to forecasts of a deep freeze across the country, driving UNG's price up significantly. The front-month Nymex natural gas for February delivery settled at $3.907/MMBtu, marking its largest one-day percentage gain since January 2022. Source: MarketWatch

2. Jan 21, Crude oil futures rose following a production halt in Kazakhstan's Tengiz oilfield, impacting global energy markets. This event contributed to the overall bullish sentiment in energy commodities, including natural gas. Source: MarketWatch

3. Jan 20, Trump's tariff threats negatively impacted crude prices, but the broader technical structure favored higher natural gas prices, supported by an improving fundamental backdrop. Source: MarketWatchEnergy sector sees bullish sentiment amid cold forecasts.
Please note: The chart below does not include options expiring within five days.
<img src="https://assets.lbctrl.com/h5hub/optrank/images/2026-01-21/ETF_US_UNG_en.png" alt="image" original-src="https://assets.lbctrl.com/h5hub/optrank/images/2026-01-21/ETF_US_UNG_en.png"/>

On January 20, Eastern Time, Us Natural Gas options saw a total of 209490 contracts traded, with calls accounting for 76% and puts making up 23%.

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