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ng over 6

Posted: Tue Apr 05, 2022 10:49 am
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!!

Re: ng over 6

Posted: Tue Apr 05, 2022 11:53 am
by Fraser921
Ng up almost 50 cents!! What an insane move !

I bet someone is blowing up due to being short.

Re: ng over 6

Posted: Tue Apr 05, 2022 6:46 pm
by dan_s

Re: ng over 6

Posted: Thu Apr 07, 2022 1:58 pm
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