ng over 6

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Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

ng over 6

Post by Fraser921 »

Some hedged (non cash at 2.50) they will have to pay 3.50 or more to settle.

They could have bot puts at 10-15 cents, to save 15 cents they are paying 3.50 on the back end

Any way they twist it, they screwed up big time, imho

Buy the un-hedgers. See what it feels to earn $6 bucks on NG and $100 on crude. It feels marvelous!!
Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

Re: ng over 6

Post by Fraser921 »

Ng up almost 50 cents!! What an insane move !

I bet someone is blowing up due to being short.
dan_s
Posts: 37329
Joined: Fri Apr 23, 2010 8:22 am

Re: ng over 6

Post by dan_s »

Dan Steffens
Energy Prospectus Group
Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

Re: ng over 6

Post by Fraser921 »

As I write this on Thurday 4/7 NG is rising to the moon. $ 6.35

I never thought NG would get to these levels.

Strangely AR, is lower. I'm adding
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