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re: Natural Gas Stocks

Posted on 7/21/12 at 12:41 pm to
Posted by WTFOver
Member since Sep 2010
5 posts
Posted on 7/21/12 at 12:41 pm to
LNG just received loans for their Sabine Export terminal and also floated a secondary ... I would wait,given the construction will not be finished until 2015 ... if you want to play it, go with deep in the money calls with a 2014 expiration ... Take a look at SWN and UPL for NG plays, they're a little high right now, but when NG hits $3 , there is usually a pull back, buy then ... sell covered calls and collect $$ every month and if they get called, you've made $$ assuming your strike price is above purchase price. Good time to make $$ w/NG
Posted by C
Houston
Member since Dec 2007
27831 posts
Posted on 7/21/12 at 1:31 pm to
quote:

but when NG hits $3 , there is usually a pull back,


A pull back in NG prices? I'd love to see where that line of thinking comes from. Care to post a few charts showing this?
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