0.00Open0.00Pre Close0 Volume0 Open Interest2.50Strike Price0.00Turnover678.64%IV-87.59%PremiumAug 16, 2024Expiry Date17.65Intrinsic Value100Multiplier24DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.9808Delta0.0013Gamma1.11Leverage Ratio-0.0344Theta0.0010Rho1.09Eff Leverage0.0024Vega
Natural Gas Services Stock Discussion
Natural gas prices have had a massive rally of about 80% this year. The price action appears to be rejecting a couple of long-term Fibonacci levels and is now just above the support line that has held nat gas prices up all year. Will the rally continue into next year? Or will we see a correction soon?
After a roughly 80% rally, I think some commodity traders might be willing to take some profit if the price dips ...
Expect more bullishness in natural gas and companies in the related field.
$United States Natural Gas(UNG.US)$ $Natural Gas Services(NGS.US)$ $ProShares UltraShort Bloomberg Natural Gas(KOLD.US)$ $Direxion Daily Natural Gas Related Bear 3X Shares(GASX.US)$
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