BOIL 2X Leverage Natural Gas ETF. Natural gas hit a 52 week low recently. Therefore, from a strictly risk : reward entry setup, this BOIL post is long from $10. Plus, pi RSI is near perfect long entry setup today & BOIL options data is very bullish now. Here's levels on the BOIL 16hr ext chart (1 day):
2/17/23 expiry options data: Put Volume Total 68 Call Volume Total 604 Put/Call Volume Ratio 0.11 Put Open Interest Total 21,203 Call Open Interest Total 43,498 Put/Call Open Interest Ratio 0.49
3/17/23 expiry options data: Put Volume Total 29 Call Volume Total 404 Put/Call Volume Ratio 0.07 Put Open Interest Total 14,286 Call Open Interest Total 39,351 Put/Call Open Interest Ratio 0.36
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BOIL dca 2/17 expiry $10 call at share price $9.25
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Natural Gas trades like crypto:
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KOLD 4/21 expiry otm put dca idea when KOLD is $75 - 85 / share.
I bought on the way down. My average is 12.36. History always repeats itself! Thank you for your post.
Options360
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@GeekMeister yeah I just started a long position on Friday. Considering BOIL / NG1! price discovery history.
elenaec
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Do you think NG will go down to $1.96 again ???And boil how low can it go ???? thank you , when you have time , i always appreciate
Options360
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@elenaec Here's a Nat Gas 4hr chart on my mobile. Just read the chart. FOMC & ECB +.25% interest rate decision I'm thinking should suppress the price for quite some time besides swing trades. I'm out for lunch 🖖
elenaec
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How low do you expect Kold to go now ???? maybe 50 ish to 60 ish somewhere there ????? thank you
elenaec
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"""""stays near + or - around $2 until September. """"" So in june july, august is very hot and people use NG for air conditioning so the price won't go up in summer ????? and why is the price going up after september because of winter cold coming on ????? thank you , i did soo good on boil last week , very unexpected and i i held over the weekend would've been ,,,, the sky to me , thank you for your valuable for your info !!!
elenaec
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"""""stays near + or - around $2 until September. """"", So in summer don't you expect boil /ng to goup due to usage for the hot weather /air conditioning ????? and why up afer september beacause cold winter is coming ???? thank you