Got long NG today at 4.004. To hedgy my risk I have also shorted Crude Oil. There is a substantial divergence betwee these two at the moment and I expect that to drift back somewhat.
For anyone who is interested, I dumped most of my NATGAS position yesterday at 4.700 and today I wound down an equal share of the CL at 8150.
It had a great run more or less immediately from putting on the trade as I was barely ever underwater. I was holding out for a ratio of 13 and down to 14 something range but it started to go backwards and that was that.
