UNG seems a hidden gem

Discussion in 'ETFs' started by hajimow, May 19, 2009.

  1. Look at the two years chart and how it is beaten even today which everything is up. Short term target can be $17.5.
  2. The contango is killing this thing....same with the USO, these are terrible investments.
  3. I did a risk reversal trade. Sold 14 PUT for Oct and bought 16 CALL for the same month.
  4. I would have taken the other side of your trade, without the commish! You could have saved $$$$$.
  5. Who knows ? Maybe you are right. It is 10 contracts. I am optimistic.
  6. 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...
  7. I also hope it shows its effect before October :D