Trading Natural Gas

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Tight trading range could present covered future premium collection....

Initially was adding long /NG futures but looking at the range decided to sell some premium on top of it.

TODAY earlier in the day combined Long /NG MAY contracts and sold May 2.20 Calls ...

2.00 Support holding and 11 days to maybe move up and sideways and collect premium...
 
El OchoCinco said:
Tight trading range could present covered future premium collection....

Initially was adding long /NG futures but looking at the range decided to sell some premium on top of it.

TODAY earlier in the day combined Long /NG MAY contracts and sold May 2.20 Calls ...

2.00 Support holding and 11 days to maybe move up and sideways and collect premium...
More...

Closed today with /NG hitting 2.28...
 

Putin threatens Europe with fresh gas crisis

Rachel Millard
Wed, April 19, 2023 at 2:13 AM GMT+8


In this article:
  • NG=F
    -0.04%



1ed9293459a74b90e68af76e74ecac53

Vladimir Putin - GAVRIIL GRIGOROV/SPUTNIK/KREMLIN POOL/POOL/EPA-EFE/Shutterstock

Russia has warned Europe that it faces a fresh gas crisis next winter as it scrambles to restock reserves as Vladimir Putin launches a new attempt to weaponise energy.

Gazprom, Russia’s state-owned gas supplier, said Europe had made it through winter despite cuts in Russian gas supplies owing to mild temperatures but warned there “is no guarantee that nature will make such a gift” again.

In a statement on Twitter, it said restocking for next winter would not be easy, blaming “politically motivated decisions aimed at halting the imports of Russian pipeline gas”.


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That is why the NG price went up even though winter is still far away
 
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