Opening (Margin): /NG April 25th 1.00 Short Put
... for a 2.70 credit.
Comments: A basic bet that we don't see 1.00 natural gas by April or, alternatively, that we hit 50% of max before then. 2.70 credit on buying power of 9.75 ish; 27.7% ROC at max; 13.8% at 50% max as a function of buying power effect.
Comments: A basic bet that we don't see 1.00 natural gas by April or, alternatively, that we hit 50% of max before then. 2.70 credit on buying power of 9.75 ish; 27.7% ROC at max; 13.8% at 50% max as a function of buying power effect.
Trade active:
Out here for a .016 debit. In for .027, out for .016, $110 profit. Not quite 50% max, but I also have some out in May, so just reducing a little risk here.