UNG

xlmtothemoon

gas prices lowest in 5 years, best play? all in UNG?

softboiledjadepotato

Been bottom fishing NFLX, NVO and UNG... might be on edge of a fault line for NFLX tho 🐟

imonkaS

UNG mooning

softboiledjadepotato

Don't listen to me, but Natural Gas might be bottoming out.. UNG, RRC

Peeeeech

Not a commodity expert but there are ETFs for them. GLD, SLV, COPX, USO, UNG, etc.

FLRugDealer

Someone had UNG puts don’t they?

TJMBeav

$UNG needs a reverse split so I can play puts more effectively...

Necromancer2k8

BOIL - an 2x ETF (or the base product, UNG) for 2-3 months max. Alberta clippers, polar vortex & snow are ideal for a nice run up with potential of surpassing last year's 100+ on boil. Got in early October at 26 and am happy as fuck right now. Just keep an eye on the 14+ day weather forecasts and weekly nat gas storage reports for your future out.

Alternative_Rule6208

$UNG

pink_ego_box

Natural gas short term: Exxon or UNG Nuclear long term: ETFs like URAN or NLR

Dothemath2

Sure, if you’re willing to take the risk. There are smaller issues like UNG for natural gas or Pfizer PFE at 24…

Me-Regarded

OXY and UNG today, with a sprinkle of TSLQ

wattap

Guess I’ll stop talking shit about gold NBIS NLR UNG AMZN

kjliao

Gold, crude oil (USO), and natural gas (UNG)?

LarryStink

I dont have any short term trade ideas at the moment. Im in short euro, and yen futures, long ETH futures, long UNG calls and USO calls. All of which are 1 month plus trades. I dont see any major upside potential for stocks into the end of the week, maybe 0.5-1% so calls probably won't pay. If you have margin trading you could buy a long call butterfly on SPX 6725/6750/6775 for this Fridays expiration. Its probably around 300$ in debit paid for a maximum reward of 2200$ if spx is at 6750 on friday. 

FLRugDealer

I think people are sleeping on the UNG play for this coming winter…

Me-Regarded

Nat gas, BOIL or UNG

Gibsmedats4free

UNG La nina gamble. Nat gas looks way too low. For a possible sustained cold this winter. I'm taking the risk.

EvolvingDior

UNG performance since inception: -99.76%

Me-Regarded

You make no sense bro. UNH is like the biggest and best insurer. My post was about UNG, not UNH. You might need more coffee, or maybe too much, ya seem a little strung out

Me-Regarded

Natty gas UNG. This Russia NG thing might really pop prices if Europe buys our gas

TraitorJohnny

You've collected 17 in credit. Your upside breakeven is 357. The stock is at 350.44. You're currently at a -94% loss. Set a mental stop loss for yourself. -150%, -200%. Pull the plug if it gets hit. In the meantime, lean bearish (pray for a pullback). If it stays within your breakevens, roll at 21dte. With IVR at 6, time and theta decay on the straddle are your best friends. It's had a huge move up. After a big move like that, stocks tend to stay flat. But if that is not the case... If you're upside breakeven gets breached and your stop loss has not been hit, roll up the put to 357. Invert. Just information for your consideration. This is all easier done on a $20 underlying. Not something at $350. To learn strangles, strangle something cheap like UNG and let it get breached to play around with inversions or buying-the-guts-and-selling-the-wings. Good luck.

EvolvingDior

The UNG price chart is hilarious once you zoom out past 2010. Down by 3 orders of magnitude.

stewfink

Everyone sleeping on UNG

Menu-Quirky

You will not get a lot of premiums but look at AAL , UNG or CAG

fortissimohawk

Cool that you have tracked gold and oil and such. I’d like to hear of any future UNG lessons learned UNG if you post again. I’d love to learn more about successful futures strategies but without close mentorship, probably not touching it. Dabbled in futures with a trading club with mixed success when I was just starting out active trading; the club founder is a 30-year trader but he didn’t hire coaches to support newer traders so I left the group.

vermilli21

UNG 15c for Jan. Thank me later

doctordedolor

Hey thanks for the comment. Ive been following gold, oil and nat gas for a few years, mostly investigating. I've traded USO and GLD with decent success but this is my first rodeo with UNG. I'm an options seller myself also. SOFI still has a lot of upside. Prob gonna rotate into futures in one of my accounts. At least I'll be dealing with the underlying and not so much overhead.

vermilli21

Been eyeing UNG calls for winter…makes sense people will be using it when it’s cold

fortissimohawk

perhaps obvi but UNG isn't the easiest to trade: low volume / low liquidity perhaps UNG a well-known position for you? like you've traded it successfully for years and have clear sense of its movements? i only traded UNG as a test during the most recent winter months--when gas prices fluctuate weekly--selling a handful of contracts but only at ITM levels / but the effort expended vs return gained didn't work for me // i'm waiting to sell off the last contract at $16.50 (sold the other contracts for over $20/share for a decent profit) it's way more capital of course so perhaps this isn't relevant but i've been selling puts on more costly tickers (SOFI, HIMS, then way up to GOOGL, PLTR, NVDA) / those have been a real bank over the past 2 years

Appyjacks

To make any money off this trade, you would need multiple outsized moves to the upside — and they would all need to happen in quick succession. Get out while you can. UNG is a terrible long term trading instrument. The futures it carries have a cost, or drag, associated with them that slowly eats away at the ticker’s value. Just look at its long history of reverse splits.

doctordedolor

Yeah NG is dirt cheap right now, def gonna at least revert to some kind of mean. Gonna give it another week or so to see how UNG treats me then maybe I'll bail. On a side note I bought 6 Cracker barrel Oct $70 calls this morning. That should erase most of my losses with UNG hopefully if not more. 😎

jizzbandito

UNG options are wide. And illiquid. Also a terrible instrument.

Orioles17402

But UNG at all time low.🤔

Orioles17402

But UNG at all time low.🤔

udgnim2

don't remember my first purchase, but looking at reports, I started in 2015 and ended the year with a combination of USO / SHEL / O / UNG / DIS / VIRT across my ROTH & taxable accounts still have DIS / VIRT in the portfolio

ButtScratchor

Bers gonna need health insurance. UNG back to 300

FuckleUp

🤷‍♂️ I have calks AAPL UNG BITX mat the best regard win 💋

Mharciello

Where is the guy that bought 70k on UNG calls and rolled over on thrusday

Financial-Word-4791

I am in on this play. EU at ~63% storage, mandate to fill by Nov 1st. but can extend to Dec; check historical % filled by July, you’ll see. Colder than avg Winter forecast EU and US. additional DD, long UNG calls & BOIL through March 2026

FuckleUp

Been buying UNG 14c all day for next week 80 of em

FuckleUp

I have natural gas UNG

LarryStink

BUY THE SHIT OUT OF NATURAL GAS FUTURES OR UNG ETF. You have been warned.

LarryStink

I prefer trading spot or a spot synthetic like UNG if you dont have futures 

Krammsy

Depends on the sector, VIX I always do OTM because they're cheaper, theta is lower and the VIX moves fast when it jumps. OTM options have more leverage, less Theta, but more likely to expire worthless. Regular equities often ITM, mind Theta is higher ITM, so I'll bump the ratio to 20%, more if IVR isn't bottomed, only for the fact that the underlying may not be volatile and if it expires ITM it's a bonus. For commodities like gold or gas, I'll use a leveraged ETF calculated by it's multiplier to a regular option's delta, such as a UNG put against BOIL.

AggrivatingAd

UNG to the moon

A55BAG

my port was red today but UNG and Softbank arrived to the rescue

softboiledjadepotato

Wild, who is saying down?? Initial spike up most likely.. Don't sleep on Nat Gas either.. check out UNG

CR0Wmurder

I know about taking profits on calls are good but I wish I had let UNG go another day. I just couldn’t bear the idea of watching another profitable call turn red

TheNextBigWhale

$UNG

greyenlightenment

Imagine selling an UNG straddle 3 weeks ago. Massive premium collection

Narkanin

Fuck UNG

hellofresh332

UNG GUH moment

mygallows

UNG premiums are so fucking expensive 

PM_BoobsnButts_pls

UNG calms gonna keep printing

NuclearWint3r

Buying UNG, tsla to $150, wild crash cuz new tariffs and raised prices being apparent. New dip to buy before coming back up in July. Ezpz

BigEdsHairMayo

Someone probably bought UNG right before nat gas became a byproduct of the fracking process. They were literally just setting it on fire at well sites. It was worthless. What loser would have timing that bad?

ripcord51

UNG sub 250 by noon?

kojaraty

UNG is dragging the market with it

seifer__420

UNG is 100% getting dropped

TheInkDon1

I don't try to predict anything, but rather find things that are *currently* doing well. Some of the tickers I've moved into this week: WMT, KR, M, HSBC COST I can't afford, but would SOXL & UNG for shorter-term plays

crawlerstone

UNG gonna jump at open.

greyenlightenment

900k UNG post is the biggest single day gain for any stocks since 2021 GME I think

hot_pocket_life

UNG

cmatlack860

Hard to say, although still leaning bullish long term. I have a bunch of UNG myself that ill keep until fall and reassess. Global supply is still low, and demand remains steady. Overall bullish pressures, its just how much volatility you can take in the mean time. we Might be able to see 6, 7$ come next year, really depends on global energy policy. Any tightening of supply will just cause more upward price pressure. If you want to be safe, sell you BOIL and keep your UNG, you'll protect more profits that way since the 2x leveraged BOIL can drop reallyyy quick. Good luck, but I think keeping a solid UNG position is a good bet through till year end.

LarryStink

I have been doing really well just trading UNG options. Did 100% on my puts today

CR0Wmurder

UNG hit 21 and I thought that’s it. Sold 1/3. Hit 22 and thought no way. Sold 1/3. At least I have 1/3 having fun

TopDeckHero420

There are ETFs. UNG for natural gas, for example.

LeonMarmaduke

For the love of god, please don’t do this until you research 3x leveraged ETF’s. It is meant to be a short term play (weeks is a long hold) because the fees and decay (with it being 3x) would kill you long term. Price of these over time gets down to single digits and they reset at a higher price via reverse split to make it tradable for swings and options. See 3x long of XBI is LABU, 3x long of UNG is BOIL etc

Phoenixchess

Linde is a solid pick. [Their industrial gas contracts typically run 10-20 years with minimum purchase requirements](https://beyondspx.com/article/linde-plc-lin-a-resilient-global-leader-driving-innovation-and-sustainability), giving them stable revenue regardless of market conditions. For LNG specifically, Cheniere Energy (LNG) dominates the space. [They've got 95% of production locked in through long-term contracts into the mid-2030s](https://beyondspx.com/article/cheniere-energy-lng-powering-the-global-energy-transition). Much safer than ETFs like UNG which track volatile spot prices. The Russia situation isn't going away anytime soon. Europe needs that LNG. Stick with the companies that control the infrastructure and have locked-in contracts.

French_Hawaii

Appreciate the discussion between you both. I jumped into both UNG & BOIL >1 year ago for the f#?k of it. Trying to fig out when to bail. Sounds like should of earlier today! 🤣

SpongEWorTHiebOb

UNG and BOIL new 52 week highs but still far below 2 year high. Room to run after the big draw that will be reported tomorrow at 10:30 am.

RainGater

Wow, lots of info to go thru' and let me be honest. I don't trade UNG or KOLD or BOIL much. Just nibbled a little today and made some money. After all, UNG is a widow maker and am well aware of that and wouldn't hold it for more than few hours. So, thank you for the education and there are far safer bets on the markets than NG, imo! I nibbled today because on ST, there were posts about how cheap the 3x bears are and that's why I looked at the chart. I wouldn't trade it like you as the contango and backwardation is too much to handle for me. Same goes for WTI.

cmatlack860

Actually that's not true at all, UNG is 95% just /NG futures in the portfolio, a crumb of bond notes, some cash, and derivative swaps that are hedges against interest rates, since interest rates play an integral part in commodity markets. It literally moves with /NG and even stitches together the rollover spreads (the difference in price vs front month and future months contracts). I've followed /NG and UNG for over a decade and worked with the head of commodities trading at JP, he taught me everything I know - I'm saying this to help you, not harm you. I just play the futures myself, since all UNG is doing is giving you way less leverage for the same thing (might be good for you, futures are dangerous). The leverage you would use for one /NG contract (8k of margin for just one, 1k gains per .10c) would net you far more in gains (or losses) than the reduced leverage from UNG. I'm telling you specifically for futures, physical commodity market factors drive price way more than technical analysis. These markets were literally created for actual commodity producers, they are the main consumers of these products, and they are primarily driven by physical market factors. You can check out the weighting here on the companies website [https://www.uscfinvestments.com/holdings/ung](https://www.uscfinvestments.com/holdings/ung) You also only have about a few weeks at most before the seasonality starts to trend downward, since the high times for natty gas are the winter and summer, when people need it for cooling or heating. As spring and fall kicks in, prices always drop unless other adverse supply/demand factors are present. The easiest way to see this is to view the futures spreads - you'll see that april and may contracts have a lower price than the current spot price, and then the price goes up as you get into the summer months. This is called backwardation, so everyone else buying those contracts in april/may aren't willing to pay the spot price today - because they know the price will come down. This is normal for natty gas, just as oil contracts get more expensive as summer kicks in because of increased travel demand. If this were the opposite, and gas was higher in the spring, it would be in contango, and a possible arbitrage play would exist where the spot and future price (most likely) will converge. I actually played UNG as well these last 3 weeks, since /NG is nuts right now and I cant be up all night watching it, but I sold when we hit $4 since its running out of gas soon (pun intended).

RainGater

UNG clearly broke the 21.5 resistance and if it closes above that for the next 2 days, then the next resistance is in the 27s as that's where the 161.8% fib extends to as well. If it happens, then this will be a terrific trade, imo!

Diamondfist238900

Wooo UNG! Printing money while people freeze!

hushmymouth

Nice trade ! I’d never heard of UNG. Thanks for putting that on my radar.

ExistentialDuck1

UNG is ripping!!

DoubleFamous5751

Got long UNG today, energy, regards, it’s what’s for breakfast

theinkdon

No, I never got into the xYLDs, though maybe I should. At the time I was looking at them it seemed like they were going down. But since late 2023 they've gone up pretty good (RYLD not so much), and 12% yields according to Yahoo Finance. I just discovered the [Yieldmax](https://www.yieldmaxetfs.com/our-etfs/) products a month ago, and those have *very* tasty monthly premiums (2 of them are weekly). But again I hesitate because I don't want to get good dividends just to watch the NAV go down more. ETFs: yes, and I should do them more, tbh. SMH, XLK, UNG, BITO, JETS, DGRO, FNGS, XLF are ones I'm currently in. Mostly with long Call LEAPS, but all with Calls sold against them. Somebody here, maybe it was u/VegaStoleYourTendies, convinced my by his posts to stop selling CSPs (something he wrote caught my eye, so I went and read all his posts). They have all the downside risk, and don't pay that well; something like that. So I stopped doing those and don't even have a group heading for them in ToS anymore, so I'm not tempted. And check out WMT, it's been just incredible for over a year.

LarryStink

Oh shit I also bought UNG puts and /ng is down 5.5% holy fuk I'm going to have a good day tomorrow

Ok-Geologist5545

UNG chart still looking like it’s gonna move up more, I think people are still too short. I’m already long

Ok-Geologist5545

the widow maker UNG might actually be in play. Be careful with this, but I think people are too short and it could blow if this higher low doesn’t give out

LarryStink

Swing trading SPX long put and call spreads, short call and put spreads USO call spreads, TLT call spreads, UNG call spreads, GLD call spreads, FXI call spreads. 

osendze

UNG kick rocks  **just Fukn die already**

TayKapoo

What tickers? Boil, UNG?

LarryStink

SCCO calls 12/20 exp. 110 price target UNG calls 12/20 exp. 13.85-14 price target

LarryStink

Short SPX calls, long TLT calls.  Long GLD, SLV calls Long UNG puts

BigC_Gang

The first $35 went into UNG calls right before it had a big day. Then SMCI calls from like $26 to $34.50, then some RKLB and ARCH calls last week.

Ok-Geologist5545

The widow maker UNG might pump

Wrong-Ad-8808

SPX SPY XSP NDX QQQ GLD SLV USO UNG TLT Is the full list

Wang71

UNG

Anonymouseeee888

You need to be aware of both contango & backwardation when trading gas, usually good bullish & bearish indicators there for you to get in & out of positions at the right times. I used to trade the UNG ticker both ways taking small profits along the way.

LarryStink

Ur boy made 20% portfolio gains over the weekend. Thanks GLD, and UNG

tachyonvelocity

I trade natural gas, leave it to the pros, retail has no business trading the sector, much less using leveraged ETFs. You have no idea what you don't know, there are so many factors to consider. For example: What determines price? It is expected future Supply/Demand, not "winter" or "summer." What is the structure of futures curve? Contango because of expected Winter demand. What is the effect of high storage? High NG storage costs further increases contango. What is the effect of weather? Warmer than expected temps reduces price around Winter and increases price around Summer. What is the supply level of O&G producers? Dependent on producing area and each company. What is current storage compared to historical average? If high above averages, it takes tighter S/D to reduce glut, so price must be at a level with high demand, ie low. How tight is S/D and will it over time reduce glut? Right now over 100 bcf/d is not tight, over 104 bcf is loose. At what price levels will E&Ps increase production? EQT, largest producer, suggests \~$3. What is the effect of associated gas? Ass. gas makes E&P breakevens negative for crude and Permian, so high oil prices actually depresses natural gas prices. What is the effect of hurricanes? Reduces electricity demand, LNG demand, and potentially takes out LNG production, which is highly bearish for NG prices. Will increased LNG affect prices? LNG is capped because of high capex, you can't transport a gas easily, so long term LNG wouldn't increase prices/demand is already expected. What is the effect of renewables? Wind and solar growth depresses NG demand for electricity, so high renewanble generation is bearish. At what price will E&P curtail production? Prices have to get low enough for producers to want to stop producing. This will be affected by production efficiency. How efficient is production? Are you knowledgeable about the industry, for example, how is "trimulfrac" doing? If you trade ETFs like UNG and BOIL, what exposure to the futures curve are they holding? When do they sell and roll into the next months and how will that affect price movement? As you can see, you basically need to be a professional to know what is actually going on. I would suggest not to trade it.

citrixn00b

Calls on natural gas $UNG $BOIL

LarryStink

UNG, TLT,  calls  GLD, puts SPX, iron condors

LarryStink

Personally, I have Diversified my capital across the maximum number of underlyings that efficiently distributes my capital and PnL volatility. Both quantitatively and emotionally ive opptimized my trading and now its just scaling. I trade 1-3 week swings using a combination of short and long options dependent on volatility and underlying. USO, UNG, GLD, TLT, FXI, SPX, RUT, and occasionally a single stock position.  Personally, The 0d spx trades are a great usage of a small amount of capital on the few opportunities that arrive in which you have the probabilistic edge. The idea of being able to lose large swaths of capital in minutes by over leveraging on short expirary options should be enough for anyone. More Leverage = less capital necessary to achieve the same consistent returns.  And more leverage = less capital necessary to maintain the same risk standards.

LarryStink

Today I just got In UNG calls exp nov1 and USO calls exp nov1 looking for further strength and a higher low to add to the position

GraceBoorFan

He’s long on USO and UNG, but not URNM