Running UNL covered calls helps you generate consistent income from United States 12 Month Natural Gas Fund LP's shares you already own, turning a long stock position into a yield-producing asset. A covered call on United States 12 Month Natural Gas Fund LP involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best UNL covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.
A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if UNL stays below the strike at expiration, you keep the premium and the shares; if it rises above, you deliver the stock at the strike and still pocket the premium. Selling UNL covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given United States 12 Month Natural Gas Fund LP covered call is worth writing.
The Benchmark Futures Contracts are the futures contracts on natural gas as traded on the NYMEX that are the near month contract to expire, and the contracts for the following 11 months, for a total of 12 consecutive months’ contracts, except when the near month contract is within two weeks of expiration.
Income-focused investors, long-term UNL holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling UNL covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best United States 12 Month Natural Gas Fund LP covered calls come to you, already filtered for the metrics that matter.
