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Message

re: BOIL has become predictable

Posted on 11/28/14 at 8:26 am to
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 11/28/14 at 8:26 am to
quote:

Quick short and out Natty Gas,
no kiddin?

I was thinking of buying some weekly calls at these levels....maybe I'll just sit back and watch you make money instead
This post was edited on 11/28/14 at 8:27 am
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 11/28/14 at 8:38 am to
And I'm out.
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 11/28/14 at 10:03 am to
Picked up UNG Dec 20 2014 20.5 Puts this morning @ $.74. May hold through mid next week. Have a feeling this will double over the next few days.
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 11/28/14 at 11:37 am to
Buy time for ugaz?

Edit: I'm in 335 shares at $13.35.

I'm hoping we see $10 again so I can back the truck up. Winter is just getting started.

Let's ride.
This post was edited on 11/28/14 at 12:06 pm
Posted by rintintin
Life is Life
Member since Nov 2008
16184 posts
Posted on 11/28/14 at 11:46 pm to
Bought more today at $13.10. Still holding a core position, but buying and selling a portion over the last couple of months has been very profitable. If it goes down more I'll definitely buy more.
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 11/28/14 at 11:51 pm to
Yep. I don't have much money in the market but what I do have is up 30% in 3 months just playing the swings.

Not my doing of course. Hope this thread lives 10 years.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 11/29/14 at 7:06 am to
Cash is below $4. Energy is a huge short for a while I think.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 11/30/14 at 5:18 pm to
Down, down, down we go. Natty gas below $4. WTI below $66 and Brent look ready to go sub $70.
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 11/30/14 at 6:10 pm to


Keep dropping
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 12/1/14 at 5:11 am to
Down 12% in premarket.

What do the pros think?

Posted by rintintin
Life is Life
Member since Nov 2008
16184 posts
Posted on 12/1/14 at 8:32 am to
Well I sure do wish I waited till today to load up
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 12/1/14 at 8:48 am to
I'm ready to buy more....just need to hear from the guys first.
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 12/1/14 at 9:35 am to
WHY are our gurus silent at this critical time?

I had to go ahead and make a move without their word...not happy about that

Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 12/1/14 at 9:38 am to


I'm close to doing the same
Posted by Tigris
Mexican Home
Member since Jul 2005
12361 posts
Posted on 12/1/14 at 9:46 am to
At under $12? I sure didn't wait for the experts. If it goes below $11 I'll load up some more. It wouldn't surprise me if it gets close to $10 with the long term weather forecast. But I've learned not to worry too much about timing this perfectly. Active trading has worked better than holding out for a homerun.
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 12/1/14 at 9:46 am to
even bought some LNGLF..probably late to that party, but I don't think a 20% dip is going to stick.
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 12/1/14 at 10:04 am to
Bought UNG Dec 20 2014 20.5 Puts on Wednesday and about to sell for a 40% gain.

I'll start gradually picking up UGAZ as the price continues to fall.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 12/1/14 at 10:15 am to
I'll buy more Jan UNG 21 calls, but I'm in for as low as .89, so difficult for me to pull the trigger. Some other forces outside of natural gas at play here right now.
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 12/1/14 at 10:19 am to
So not a good time to buy UGAZ straight up?
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 12/1/14 at 10:26 am to
Thinking about picking up Jan 17 UNG 23 calls for .80.

Does anyone know the weather report for the back half of this month??
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