re: BOIL has become predictable

I think the market has priced in contango and backwardation of the holdings of both BOIL and UNG. BOIL and UNG are only what they own, and they don't own natural gas. They own futures. Specifically BOIL which owns out to April. I've never understood the infatuation with BOIL this late in the winter due this this alone. At least UNG only owns next months contracts.

My February UNG bull call spread will likely not be as profitable due to this. My July UNG bear put spread still has a chance to make decent money.

You guys do what you want, but both BOIL and UNG are really designed for day trades, and I'd not ever own the paper long term.