Savvy Trades and Investments

[researcher59]

NG looks technically oversold at $3.35/mcf and will surely bounce if we get some bullish news like an inflow of arctic air or a restart at Freeport ..... but barring that, the mid to high $2's are possible by early March. jmho

I'm trading the NG futures options which gives me a short position at higher prices but a long position at lower prices .... so yes, effectively I'm slightly long below $3.50 and increasingly long in the low $3's to high $2's. My short calls are all out of the money and very profitable so far .....