With a decades long interest in meteorology and climatology, Natural Gas has been a natural draw for me. It has been fascinating to watch sudden flips in weather models, and the instant panic in this market, due to an impending worse than expected cold snap or heat wave! Or a hurricane exploding much stronger/faster than expected.
I have never lost any catastrophic amount in it, did not create a widow yet, but my positions have been modest as I keep learning, often using UNG options. With the new Micro NG I will be tinkering around with that contract from time to time as well. It was also interesting to see that NG market sell off pretty heavily today, but many associated stocks like EQT and Cotera did well, not too often I see that happen.
In the past Natural Gas was more of a domestic market, but now with the explosion in LNG trade, and how incredibly dependent Europe has become on shipments from the US, Qatar, etc., it is increasingly a geopolitically impacted market as well. Which makes it even more interesting ... and at times, risky!
