Long for a bounce play if this low hold.
Caution: Large open interest in the Jan 2014 $17 puts that were bought to open. Maybe just a hedge (pro bought stock in low-mid 17s and puts as protection).
If there current low breaks Natural gas would continue its primary trend which is still down on weekly and monthly
Caution: Large open interest in the Jan 2014 $17 puts that were bought to open. Maybe just a hedge (pro bought stock in low-mid 17s and puts as protection).
If there current low breaks Natural gas would continue its primary trend which is still down on weekly and monthly