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re: BOIL has become predictable

Posted on 5/13/14 at 3:06 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 5/13/14 at 3:06 pm to
LSUsetheforce:

Thanks. I owe you. I've always traded in and out of UNG options, but started following much more closely after reading your posts here.

I stand to make quite a lot of money off this trade, as painful as it was to feed and average down on. I just went short too early. Knowing this, and knowing your price and supply projections were accurate, I had one of two choices. Sit and do nothing, or go big, average down and keep the faith. I choose the latter, and I'm pretty grateful right now.

This is going to be a six digit hit for me.
Posted by I Love Bama
Alabama
Member since Nov 2007
37737 posts
Posted on 5/13/14 at 3:19 pm to
quote:

This is going to be a six digit hit for me.
Posted by L S Usetheforce
Member since Jun 2004
22796 posts
Posted on 5/13/14 at 3:51 pm to
Will be for me as well.....

I take Belgian ales for payment.

Posted by Tigris
Mexican Home
Member since Jul 2005
12370 posts
Posted on 5/13/14 at 4:51 pm to
quote:

LSUsetheforce:

Thanks. I owe you.


Yep. I've been following and have traded on rises and dips. So far I've locked in $6k, with another $4k if I pulled the trigger now. Most interesting topic on this board in a long time (since Jersey was around).
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