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re: BOIL has become predictable

Posted on 6/8/15 at 8:57 am to
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 6/8/15 at 8:57 am to
Haha- dang it! I missed it. I didn't buy when I was asking Friday...
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7137 posts
Posted on 6/9/15 at 12:23 pm to
What are the odds UGAZ makes it back to 2.50?
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 6/9/15 at 2:58 pm to
LINK

Short term play on UNG calls today was very, very good. Always gotta be looking.
Posted by Bucktail1
Member since Feb 2015
3188 posts
Posted on 6/9/15 at 3:39 pm to
$2.50? I'm looking for $3.50
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 6/10/15 at 9:57 am to
I hate my life. Buy 8.70, sell at 2.30. It pulls back to 1.77, I consider buying and didn't.... then it shoots back to over 2.30.
Posted by Grits N Shrimp
Kansas City, MO
Member since Dec 2014
646 posts
Posted on 6/10/15 at 10:02 am to
Oil and natural gas are both on the rise despite high production/supply. What's the connection? Crude storage is down for a 6th consecutive week, but production remains glutenous.
Posted by Bucktail1
Member since Feb 2015
3188 posts
Posted on 6/10/15 at 11:11 am to
I can't answer, wish I knew more!
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7137 posts
Posted on 6/10/15 at 11:57 am to
just sold all my UGAZ, average purchase price 2.02, sell price 2.41, profit of 19.3%



this brings my YTD gains up to 59%

Posted by Bucktail1
Member since Feb 2015
3188 posts
Posted on 6/10/15 at 2:07 pm to
I bought in at $2.08 and still holding!!
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7137 posts
Posted on 6/10/15 at 2:11 pm to
I was trying to hold out for 2.50, but I pussed out and sold.
Posted by Bucktail1
Member since Feb 2015
3188 posts
Posted on 6/11/15 at 11:57 am to
I sold at $2.35
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7137 posts
Posted on 6/15/15 at 10:09 am to
UWTI

In at 3.34

Out at 3.40

Gain of 1.8%
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 6/15/15 at 3:18 pm to
Another pretty good day today. I closed all longs though. I think I could potentially miss some upside, but don't have time to watch the widow maker all day long, so I'll take the last several days of profit and be done for now.
Posted by The Baker
This is fine.
Member since Dec 2011
16164 posts
Posted on 6/15/15 at 7:11 pm to
(no message)
This post was edited on 1/11/21 at 12:33 am
Posted by L S Usetheforce
Member since Jun 2004
22769 posts
Posted on 6/16/15 at 8:04 am to
quote:

If the bad weather is irrelevant, can you explain why?


Bad weather is not irrelavant althought this storm won't do much to offshore rigs.........now if this was a category 3, UGAZ could jump 5 bucks in a DAY.

if you choke off the supply with gulf storms then they don't make inventory projections.....this, in turn, causes drastic reaction in the futures market.
Posted by L S Usetheforce
Member since Jun 2004
22769 posts
Posted on 6/16/15 at 8:10 am to
quote:

Earlier in May the Texas flooding coincided with a huge drop in UGAZ


This conicided incident was coincidence not cause/effect.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7137 posts
Posted on 6/16/15 at 9:50 am to
Bought and sold some DGAZ this morning for a quick 2% profit
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 6/16/15 at 11:07 am to
That was not directly correlated
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7137 posts
Posted on 6/19/15 at 12:02 pm to
Bought UGAZ yesterday and sold today for a 2.8% gain.
Posted by Bucktail1
Member since Feb 2015
3188 posts
Posted on 6/22/15 at 9:05 am to
I just sold my DGAZ for a 4% gain and bought UGAZ at $2.02
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