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re: BOIL has become predictable

Posted on 3/4/14 at 11:24 pm to
Posted by sneakytiger
Member since Oct 2007
2480 posts
Posted on 3/4/14 at 11:24 pm to
I was looking at the 20's last week because they're so damn cheap.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 3/5/14 at 6:12 am to
I think $20 is fine based on where the historical price of UNG settles are certain natty gas price points.

I think natty gas heads down your puts are fine, but maybe I'm cheap. It's hard for me to pass by $20/$23 at .23 & .82. That's a lot of leverage for not much premium.
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