Replies to post #12633 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[surehands]

hmmm to 80+ bcf injection....Agree to flat trading mid to end of May. I was thinking of flipping the contango trade selling U Wed May 31 and buying D for a one day scalp. But then I look at the chart and NG takes off June 1 which happens to be a Thursday (report day. Dont know if Im going to flip it too risky, Could wake up Thursday morning and U is up a dollar will loss leverage.

Here's a 3 month look at UGAZ 2016 May-July... UGAZ did ~150% from 20.55 to 50.18. 2017 With LNG exports and storage nearing or going below 5 yr capacity. We could see same type run. I would settle for 75%




Ty wz

GLTU