Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[wz9ytp]

Nope. You've got the right data and you've got contango decay theory to a T. Once again...still in my pj's so I don't have the data in front of me. But futures are in contango until Rover pipeline launch... March 2018..if memory serves. So the next contract is always more expensive than the previous...until March 18. In theory D will go up an U will go down.

Contango is the reason $3.40 NatGas gave us U at $24 two months ago, $22.50 last month and barely $21 today....

Where in God's name are my fricken glasses!!!