0.17Open0.17Pre Close0 Volume62 Open Interest25.00Strike Price0.00Turnover9891.72%IV27.77%PremiumOct 18, 2024Expiry Date0.00Intrinsic Value100Multiplier-2DDays to Expiry0.17Extrinsic Value100Contract SizeAmericanOptions Type0.1076Delta0.0523Gamma115.88Leverage Ratio-266.2223Theta0.0000Rho12.47Eff Leverage0.0001Vega
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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