Lonejmartinez

$UNG $NGAS Its that time

Long
AMEX:UNG   United States Natural Gas Fund LP
Seasonal Play ..o durr, right ? it gets cold people need cheap heating with Natgas at 3.65 its a bargain right now. IMO , I almost feel like todays 19.10 and lower was the perfect entry and I chickened out,
options are cheap right now,

Nov 14 22.00 calls are trading at .16 just yesterday they were at .21 so $5 cheaper,

DEC 14 25 calls are trading at .24 slightly higher than yesterday go figure

How ever looking at this chart i set up there the trend channel that i set up with a few touches, but at the beginning of Nov 2013 there a clear signal IMHO !!

HAPPY Trading hoping to make these my last few trades of 2014,

The SPY and DIA are so unclear right now

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