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re: BOIL has become predictable

Posted on 3/25/14 at 9:25 am to
Posted by L S Usetheforce
Member since Jun 2004
22767 posts
Posted on 3/25/14 at 9:25 am to
Just talk; even if they tried to speed it up....they wouldn't be able to move much.
Posted by sneakytiger
Member since Oct 2007
2473 posts
Posted on 4/1/14 at 2:52 pm to
Nice run so far this week.
Posted by L S Usetheforce
Member since Jun 2004
22767 posts
Posted on 4/1/14 at 5:06 pm to
I'm feeling a 48 close to the end of the week.

I'm calling 80 by July 30th.
Posted by TigerBait1127
Houston
Member since Jun 2005
47336 posts
Posted on 4/1/14 at 6:51 pm to
quote:

I'm calling 80 by July 30th.



for KOLD?
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 4/1/14 at 9:02 pm to
My July UNG 23P hit profitability today. First time since I bought it. My July UNG 20P is close.

Open outcry and cash contract pricing is interesting to say the least.
Posted by L S Usetheforce
Member since Jun 2004
22767 posts
Posted on 4/2/14 at 8:48 am to
For KOLD
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 4/3/14 at 9:17 am to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 4/7/14 at 5:43 pm to
I see UNG is already selling May contracts. Anyone have any idea what UNG bought May at?

At some point, it has got to get expensive for these forward contracts they are buying.

Either that, or I'm on the way wrong side on this thing.

LINK
This post was edited on 4/7/14 at 5:58 pm
Posted by L S Usetheforce
Member since Jun 2004
22767 posts
Posted on 4/7/14 at 8:07 pm to
The next 2weeks will tell the tale......I feel that as soon as we see storage withdrawals decrease to amounts that allow us to surplus again this bubble will burst. I read some data last week that showed storage surplusing the week of April 10th.....

Thursday will be an important day.
Posted by diat150
Louisiana
Member since Jun 2005
43557 posts
Posted on 4/7/14 at 8:40 pm to
Im staring to wonder if boil has really become predictable.
Posted by L S Usetheforce
Member since Jun 2004
22767 posts
Posted on 4/7/14 at 10:33 pm to
You can take a shot at me....but I made a shite ton of money off that stock buddy.
Posted by MontyFranklyn
T-Town
Member since Jan 2012
23830 posts
Posted on 4/8/14 at 6:56 pm to
quote:

L S Usetheforce
Do you really think KOLD is going to 80 by July? I know it did last year, but by this time last year it was trading at 60ish. 60 in July sounds a little more reasonable. What are you seeing that makes you think it will hit 80?
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 4/8/14 at 7:10 pm to
August KOLD bear put spread 40/41 for a net credit of a buck.
Posted by L S Usetheforce
Member since Jun 2004
22767 posts
Posted on 4/9/14 at 10:25 am to
LINK

It may be end of July but Cant fight the suppliers.
This post was edited on 4/9/14 at 10:33 am
Posted by rintintin
Life is Life
Member since Nov 2008
16179 posts
Posted on 4/10/14 at 2:02 pm to
So I assume this spike in NG today was due to lower than expected supply data? Does this worry anyone?
Posted by L S Usetheforce
Member since Jun 2004
22767 posts
Posted on 4/10/14 at 2:24 pm to
Doesnt worry me at we injected 4 bcf instead of 11.....either way wall st panics over slight hits and misses in this scenario. .....


I bought 300 more shares at 38.80
Posted by rintintin
Life is Life
Member since Nov 2008
16179 posts
Posted on 4/10/14 at 2:34 pm to
I was gonna add to my KOLD position this morning also, before the sudden drop. Glad I waited.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 4/10/14 at 3:42 pm to
quote:

It may be end of July but Cant fight the suppliers.


Needs to be before July expiry for me please.
Posted by MontyFranklyn
T-Town
Member since Jan 2012
23830 posts
Posted on 4/10/14 at 5:48 pm to
Is America going to start supplying Europe since Russia is threatening to cut them off?
Posted by L S Usetheforce
Member since Jun 2004
22767 posts
Posted on 4/11/14 at 9:34 am to
We can't even get our Natural gas to the proper places with the structure we have.........

How are we going to suddenly be able to supply Europes Natural Gas issues.
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