UNG seems a hidden gem

Look at the two years chart and how it is beaten even today which everything is up. Short term target can be $17.5.

 

The contango is killing this thing....same with the USO, these are terrible investments.

 

I did a risk reversal trade. Sold 14 PUT for Oct and bought 16 CALL for the same month.

 

I would have taken the other side of your trade, without the commish! You could have saved $$$$$.

 

Who knows ? Maybe you are right. It is 10 contracts. I am optimistic.

 

I have a stake in some private natural gas partnerships and this month's latest update letter they are actually shutting in production across the board.

I can't wait til supply destruction starts showing...

 

I also hope it shows its effect before October