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re: BOIL has become predictable

Posted on 5/27/14 at 2:10 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10246 posts
Posted on 5/27/14 at 2:10 pm to
2% & 32%. I'm trying to buy more put contracts at fire sale pricing. UNG $23 puts have met a higher resistance, which is good for me long term (June/July), but doesn't do my buying attempts today much good.
Posted by rintintin
Life is Life
Member since Nov 2008
16216 posts
Posted on 5/27/14 at 3:07 pm to
quote:

Demand, not supply, about to take hold of natural gas prices"[The] cycle has turned," says Deutsche's Stephen Richardson, opining that boosted demand, rather than the soaring supply of the past few years is about to take control on natural gas prices.Low prices have encouraged switching and "a new baseload of natural gas demand on the industrial side is just emerging as a result of multi-year investments."


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