1.90Open1.90Pre Close0 Volume2 Open Interest20.00Strike Price0.00Turnover109.65%IV-14.02%PremiumJan 17, 2025Expiry Date5.47Intrinsic Value100Multiplier20DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.8591Delta0.0341Gamma4.21Leverage Ratio-0.0383Theta0.0087Rho3.62Eff Leverage0.0134Vega
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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