Natural Gas Hurricanes: Karl, Igor, and Julia

Storage will be reported tomorrow at 10:30, but that is likely less of a factor than the current hurricanes and storms.

Here are the current hurricanes being tracked:



It does not look like Julia might have an effect. Igor is iffy, Karl looks dangerous and is the most recent one, but it is still early. So far it looks like it's hitting Mexico only

UNG and HNU have done quite well in the last 2 weeks:




I am down slightly and thinking on selling HNU October 5 calls soon, on any pop. The objective with these trades is to make 10-15%/trade and that will accomplish the goal.