Replies to post #5337 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

I'm short both UGAZ and DGAZ and both positions are now profitable.

I also have a complex options position in the futures, having shorted puts and calls at various strikes. Sold a bunch of July $2.70 and $2.65/mcf puts last week, so looks like I'll keep the proceeds since they're likely to expire worthless in 2 weeks, although with NG volatility, anything is possible.