BOIL has become predictable | Page 11 | TigerDroppings.com

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TigeRoots
New Orleans Saints Fan
Member since Oct 2008
3706 posts

re: BOIL has become predictable


quote:

I want to add more but I'm starting to doubt this trade.


What are you holding? Getting smoked on KOLD and DGAZ here.






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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16569 posts

re: BOIL has become predictable


Just be patient........I've sold many times cutting profits by panicking.

let's see how it holds in June and July.



This post was edited on 4/17 at 11:10 am


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Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
1596 posts

re: BOIL has become predictable


Cash price and futures prices are way disconnected right now. I'm shorting more Natty Gas this morning.





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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16569 posts

re: BOIL has become predictable


quote:

Cash price and futures prices are way disconnected right now


And I've learned this more than anything is the real story.






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TigeRoots
New Orleans Saints Fan
Member since Oct 2008
3706 posts

re: BOIL has become predictable


quote:

Just be patient


Oh no doubt. I'm not going anywhere.






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Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
1596 posts

re: BOIL has become predictable


Well Force Be Used Against Weak B1G Teams by Superior (for reasons not stated) SEC Teams Man, I'm following you on this, and I have a fairly sizable bet you are correct.





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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16569 posts

re: BOIL has become predictable


I can tell you in the natural gas game when it rains it poors........I've seen KOLD drop 30 bucks in week and gain 40 in 2..............

I've seen UNG sit at 20-21 for 3 months and then a month later its 24.



This post was edited on 4/17 at 11:24 am


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econ85
Longwood Fan
Member since Nov 2012
572 posts

re: BOIL has become predictable


I'm in UNG July puts.





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TigeRoots
New Orleans Saints Fan
Member since Oct 2008
3706 posts

re: BOIL has become predictable


quote:

gain 40 in 2


Here's to Deja Vu!






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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16569 posts

re: BOIL has become predictable


This article adequately explains what happend to UNG this week..........and the futures market.

LINK

And here is another

LINK



This post was edited on 4/17 at 11:40 am


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Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
1596 posts

re: BOIL has become predictable


UNG is leaving money on the table with their pending trades, so although the author that states it's not as expensive to roll is correct, it is still expensive.

I didn't buy more puts toddy, although I should have. The market was crazy, and I was fixated on some other trading issues.






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TheIndulger
Longwood Fan
Member since Sep 2011
10652 posts

re: BOIL has become predictable


I just noticed predictable is spelled wrong in the title





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TigeRoots
New Orleans Saints Fan
Member since Oct 2008
3706 posts

re: BOIL has become predictable


quote:

I just noticed predictable is spelled wrong in the title


Wow. Never noticed that.






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Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
1596 posts

re: BOIL has become predictable


I don't care how he spells. He seems pretty smart to me, and all I care about is natty gas declining bu July expiry.





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Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
1596 posts

re: BOIL has become predictable


Cash price took off last night, July contracts trading this morning at 4.815, and I'd expect going up all day.





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TheBigHurt
LSU Fan
Houston
Member since Feb 2010
608 posts

re: BOIL has become predictable


I know the whole storage issue has been a hot topic. Couldn't we acquire gas from Canada if we were really worried about filling up to normal storage levels?





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Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
1596 posts

re: BOIL has become predictable


We have more than enough to fill to normal storage levels, but the last report showed it wasn't filling storage quickly enough.

The bears are still hopeful based on this supply, and the bulls are hoping for an extremely hot summer, making the supplies continue to increase more slowly than normal.

Right now the US is a NG importer. And we are talking about exporting up to 60% of what we produce. NG is still too low for shale to have any sort of impact.

This is my understanding of where we stand.



This post was edited on 4/21 at 7:23 pm


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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16569 posts

re: BOIL has become predictable


I posted an eia report expecting a record injection season.





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TheBigHurt
LSU Fan
Houston
Member since Feb 2010
608 posts

re: BOIL has become predictable


I hope that the record injection EIA report is right on... I have had a tough time trusting the government though. Wouldn't producers benefit from dragging out the injections, keeping gas prices high (making more money?)

I'm hoping for a cool summer (less gas used for electricity / power grid) and record injection as I am pretty heavy in DGAZ around 3.70 in my fidelity play fund. Hope to see 7-8 dollar levels come July/Aug.

Hopeful! LEGEAUX!!!






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L S Usetheforce
New Orleans Saints Fan
College Station
Member since Jun 2004
16569 posts

re: BOIL has become predictable


It is a double edged sword Hurt, you can drag out your injection and lose profit and current price or you can pull as hard as you can to make record profits.





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