Started By
Message

re: BOIL has become predictable

Posted on 2/28/14 at 9:41 am to
Posted by sneakytiger
Member since Oct 2007
2480 posts
Posted on 2/28/14 at 9:41 am to
To answer my own question:

Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 2/28/14 at 5:23 pm to
UNG isn't done rolling yet, and one purpose of the swaps they own is to even things out a bit. There are usually a couple days every month the price of UNG is counter to the price of spot and the contracts. Spot is trading below April contracts currently.

Anyway, I took the opportunity presented today, and averaged down further on July 20/23 puts. I bought back the other side of the spread at a small profit some time ago. My reasoning is I don't want the spread limiting profit when and if things go south on natty gas.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram