大量做空UNG

dara

how to support this post?

bug UNG $5 PUT?

even if it drops to zero, your could not gain much.

trend

还是楼主说说思路，感觉像挤空

CoolMax

how to support this post?

bug UNG $5 PUT?

even if it drops to zero, your could not gain much.
dara 发表于 2009-9-10 04:30 PM

一个合约赚$500,不少了。

adp

don't give up so early... keep buy puts
buohya 发表于 2009-9-10 16:17

All in with margin.    And go to hell.

BlueH2O

93# bluecloser


Your FA analysis was helpful. I guess right now MM is just squeezing shorts.
What do you think after OE? NG, UNG will go down in Oct? Will the supply still be a problem?

landn

98# CoolMax


Today UNG is very bullish. Guys, you should bet on the long side. Be careful
landn 发表于 2009-9-10 16:26

Anyway, I bot at $10.50. It's expect to reach $11.80, the first resistance. then goes to $13.00 within couple weeks.

bluecloser

fundamentals did not change over night. it is still over supplied every where.

the rally was initially triggered by utilities buying and then followed by short squeezing.

Some utilities have room to switch between nat gas and coal. When gas was at 2.50, they found that it was more economic to burn nat gas.

so 2.50 is sort of the floor for the moment. but ng is also capped by over supply.

hard game to guess now but my guess is that it is going down to about 2.50 for oct contract.

for UNG it is still bearish. when nov starts, nov contract will go down to be close to 2.50 too. and then dec. until this over supply is finally over.

so ung would not dip down crazily as i expected but would move down slowly, with short squeeze once a while.

johndai

My guess is that it will not be down to about $2.50 for oct contract.