Thursday, March 4, 2010

Natural Gas Collapses: UNG Easy Pick

Following today's inventory report, UNG tumbled nearly 4%. Invesntories dropped only 116Bcf, bringing the total amount in storage to 1.73Tcf.

UNG, what a dreadful ETF:




But our readers know that very well.

Our March straddles are already profitable by nearly 8%:

1 comment:

  1. nice analysis!!
    Thank you.

    ...(I'd be pleased if you exchange reciprocal link with me.)

    ReplyDelete