BOIL has become predictable - Page 2 - TigerDroppings.com

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I Love Bama
Alabama Fan
Alabama
Member since Nov 2007
32257 posts

re: BOIL has become predictable


I've got some play money to burn. I may jump in with you.

What call did you place an order for?






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Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
1535 posts

re: BOIL has become predictable


UNG January $20 calls. The monthly call option, not the weeklies.

UNG is trading at $21.41, the $21 calls at $1.80, and the $21 calls at $1.17. A lot more OI on the $20's.






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PropofoLSU
LSU Fan
College Station, TX
Member since Aug 2013
372 posts

re: BOIL has become predictable


21.70 on UNG today boil at 43.88.........Inventory #'s come out after lunch.





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PropofoLSU
LSU Fan
College Station, TX
Member since Aug 2013
372 posts

re: BOIL has become predictable


LINK







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Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
1535 posts

re: BOIL has become predictable


I closed out my options positions today at a significant gain. Probably left money on the table, but I like to take gains, and pigs get slaughtered.





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Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
1535 posts

re: BOIL has become predictable


I left a bunch of money on the table. Oh well.





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PropofoLSU
LSU Fan
College Station, TX
Member since Aug 2013
372 posts

re: BOIL has become predictable


It happens.......I'm trying to figure out where to get out on BOIL......


This post was edited on 12/19 at 3:07 pm


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barry
Cincinnati Fan
Location, Location, Location
Member since Aug 2006
38174 posts

re: BOIL has become predictable


quote:

I closed out my options positions today at a significant gain


Did you sell them?






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Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
1535 posts

re: BOIL has become predictable


quote:

Did you sell them?


Yes, I took 25% profit in about one week. I could have made more as I think the run up isn't over, but as I said, bulls make money, bears make money, pigs get slaughtered.






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diat150
Tulane Fan
OPELOUSAS
Member since Jun 2005
19130 posts

re: BOIL has become predictable


where is everyone standing? up above 45 now. Im trying to hold out a little longer before selling.





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Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
1535 posts

re: BOIL has become predictable


Should I short UNG for July?





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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16503 posts

re: BOIL has become predictable


Im sitting today if eia reveals 305 bcf Im holding for another week because another artic front is on its way.....if it gets to 48 im getting out and buying 1000 shares of Kold at hopefully 55ish





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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16503 posts

re: BOIL has become predictable


287 bcf withdrawal well beyond 5 year avg supply continues to dwindle.





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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16503 posts

re: BOIL has become predictable


Update: Sold Boil at 42.50 yesterday after I read some reports around lunch about NG supplies and bear predictions.........

Bought KOLD @ 61.68..........fun ride yesterday.






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TheBigHurt
LSU Fan
Houston
Member since Feb 2010
606 posts

re: BOIL has become predictable


KOLD around $55... Good buy?





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econ85
Longwood Fan
Member since Nov 2012
572 posts

re: BOIL has become predictable


Damn.. I remember reading this thread when you started it. Wish I had taken your advice.





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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16503 posts

re: BOIL has become predictable


I wish i had have taken my own......I'm buying more Kold right now..........

Last week after Polar vortex EIA boil dropped like a rock and got me scared so I bailed and went Kold.......

I just bought 500 shares at 55 of Kold.....NEVER SEEN KOLD THIS LOW.



This post was edited on 1/23 at 9:11 am


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econ85
Longwood Fan
Member since Nov 2012
572 posts

re: BOIL has become predictable


What makes you think nat gas is going down? Are you buying options?

Just curious.






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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16503 posts

re: BOIL has become predictable


I don't think short term it may go down but once winter heating stops reserves will tank up and UNG will drop like a rock back to 18-19....


Mark it by July Kold will be trading in the 80s- 90s.

I might take a little beating with Kold but I love this price point.



This post was edited on 1/23 at 9:14 am


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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16503 posts

re: BOIL has become predictable


You see Thursdays are volatile trading on UNG because EIA releases its report at 930 for Natural Gas reserves so premarket goes crazy then when the meet or miss benches it drops like a rock.


This post was edited on 1/23 at 9:18 am


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