Nat. Gas report came in about a half hour ago with greater than
expected nat gas reserves/supply....84 mil cubic feet compared to
the 80 million anticipated, so that's bearish for nat. gas.
The decline in nat. gas has been killing me too. I recently
bought UNG and Chesapeake Energy (big nat. gas co.) option calls,
and they're taking a hit.
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Nat. Gas
UNG gas
Posted by bob52 on 24th of Jul 2008 at 11:11 am
Nat. Gas report came in about a half hour ago with greater than expected nat gas reserves/supply....84 mil cubic feet compared to the 80 million anticipated, so that's bearish for nat. gas. The decline in nat. gas has been killing me too. I recently bought UNG and Chesapeake Energy (big nat. gas co.) option calls, and they're taking a hit.