Got Gas?

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Got Gas?

RipcordLoki
2023-04-12

Tue April 11

Natural gas that is. I forgot to mention in the last post but I am quietly loading up on NG (UNG). A variety of reasons have led to a monster short in this market which is only now beginning to be unwound. Seasonals also favor NG from spring through early winter. This has been a one way play since last summer. It has repeatedly been taking out to the woodshed for a loss of some 80% from its high. Could it go lower? Sure but R/R is now your friend at these levels. The European front month futures are up almost 10% this past several weeks. Something to consider for a multi-month play.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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JeremyKok
·2023-04-12
thank you for sharing.
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vic78
·2023-04-12
[smile] [smile]
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龙兔虎然发财
·2023-04-12
[强]
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DarrenTayCW
·2023-04-12
k
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kimkim51
·2023-04-12
🙂
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Jloong
·2023-04-12
K
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AnonymousLee
·2023-04-12
✔️
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sunshine268
·2023-04-12
.
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sunshine138
·2023-04-12
Ok
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LIMKT
·2023-04-12
ok
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Yh Phoo
·2023-04-12
Ok
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IamHL
·2023-04-12
ok
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Nggimseng
·2023-04-12
Nice
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HANDM
·2023-04-12
go
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奇毅
·2023-04-12
[微笑]
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GraceChan
·2023-04-12
ok
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A79
·2023-04-12
Hmmm
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IamZhong
·2023-04-12
ok
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DL97
·2023-04-12
K
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Kinoshita
·2023-04-12
K
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