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re: BOIL has become predictable

Posted on 3/4/14 at 7:55 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 3/4/14 at 7:55 pm to
UNG is selling 1605 NYMEX April contracts.

Anyway, I tried to load up more on the short side.

I'm short July UNG 20 & 23. Anyone else have a target price for UNG? It's really insane, July 20 puts are selling for under .25.

I read today an argument for ongoing higher natural gas prices, but I just cannot imagine that given the supply fundamentals coming online this spring.
Posted by sneakytiger
Member since Oct 2007
2480 posts
Posted on 3/4/14 at 8:58 pm to
Into some $25 July puts for about $1.60. I'm no options modeler, but that seemed like a great price.
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