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Replies to #31040 on Cycle Trading
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jaws57

04/29/24 9:17 AM

#31044 RE: dealerschool2006 #31040

i just compared the front contract June with July and came up with 18% difference, yikes!
The chart below compares NG to the NG ETFs . NG went up 22% BOIL is 2X so it should be 44% .....it is not. At -3.8% BOIL has about a 20% mo decay.
Does this mean avoid BOIL? At this point I will be careful as I can on BOIL trades and keep the trades brief as possible. If a trade can make 10-20% or a 100% moonshot then decay is worth the risk
KOLD is opposite, so look for those trades.
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