It was so surreal when DGAZ traded below the spot price of natty. Who ever would have thought? When I saw that immense green bar I figured some funds were caught in a horrible spot and forced to unwind positions. Started adding DGAZ on dip below $3, took some off at $4.25, added more below $3.50.
Now I'm just gonna keep adding on dips until I get ~35% NPV in. That'll be by far the most I've put into one position in a long time.
GL y'all. Dream of a play. Natty has to return to $3, sooner or later. Most likely before spring. When it does, this will be > $12.
"Think for yourselves and let others enjoy the privilege to do so, too."
-Voltaire