Submitted by [deleted] t3_119ma0r in wallstreetbets
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Submitted by [deleted] t3_119ma0r in wallstreetbets
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>It is clear that Natural Gas prices are at the bottom and set to rebound in the near future. There are numerous factors supporting this claim, including increased demand from China and Russia, reduced production from US companies, and seasonality patterns. ETFs are also currently at all-time lows, indicating a reversal is overdue. With all of these bullish indicators lining up, it is highly unlikely that Natural Gas prices will go any lower.
I like $BOIL here but half of your points are like 3 months old... like Winter is almost over and Freeport needs to stay closed to boost price
Spring is coming
70 degrees in the midwest today - spring is almost here!
tickers?
I bet you know nothing about the hedging that went on causing these low prices.. mr winter is coming. Other sources say surplus is to last the entire 2023 so who is right..
This stuff was so poorly written and wrong on a bunch of parts that I almost thought it was my own.
check out VDE
edit: major oil and gas ETF
I bought Calls few days ago, 50% down, i have loss half of my money and one of my balls
Natgas will fall further. Warm weather but not hot.too soon with inventory up the wazoo. Traders at bofa(i have access to their commentary) who think natgas has a chance to go negative at some hubs.
Who do you believe? I think they will crash it before you see any real upward move. You will need a full scale war in EU for it to do that.
Snagged a handful of $UNG LEAPs. I’ll check on them in 2025.
How would BOIL do if war tensions turned into full Armageddon. Id imagine natty becomes quite the hot commodity.
Asking for a friend
Freeport opening reduces domestic supply increasing costs in the US
What is your play here? I was thinking of just buying UNG and holding it. Options are difficult to time.
Are you high?
There is so much excess of natural gas in the US it’s burned or used to fuel BTC mining rigs.
I get it, you are all in and now went to convince the world how Industry Hydrogen progress is a hoax and the sessional movement's a BS talk! You will see the gas below 2 bucks for sure! No matter how much writing energy you invest in the WSB....
convinced me
Chart says historically, bulls get trapped after squeeze s like today. Could be a couple months until the crooks start criminally pumping natty.
See you natty bulls in a few months ✌🏻
The bofa trades are just as wrong as everyone else except they get paid to be wrong
Lol reverse this ASAP Shoulder months and a surplus like crazy
Are UNG calls the best way to play a rebound? (if so- how far out) ... or is BOIL or an individual ticker the better way to go?
We are at an all time low, and producers are already starting to reduce rig counts, because it is not profitable. Now in California and across parts of the USA we have a mega cold weather conditions. Natty is OS.
Don’t lie, you’re getting snowed in like the rest of us.
I've been eyeing snagging VDE over the last week. Am I being too optimistic waiting for 105?
grow a pair and get some NG futures
BOIL would be the last of your problems if tensions turned into full Armageddon.
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No where near an "all time low."
Shares would be a better way to play this. Hope those calls are way out in the future
Safety pay honest
But, German factories run on gas. And Europe needs to restock. This may bounce
Typically destroying a large proportion of your customer base has an adverse effect on commodities.
Fk this and fk natural gas. Anyone who claims to predict it’s movement is full of it. Just search this sub. I fell victim to one of these posts
80 here, pollen is out, flowers are blooming so winter is coming? Okay there Ned Stark let’s not lose our head.
germany is rich on coal
I'm sure this will get some responses laden with sarcasm... But, is there much difference, structural advantage, etc between BOIL calls vs KOLD puts?
LOL -- shoulder months coming.
vde price is tied to the price of oil more than anything, were I buying new shares I would try to hold out for $110-111--that is about mid point of their 52 wk trading range. I was lucky I got in last July at 97 & change. dividend is decent too.
We must live in two different Midwests then because we've gotten 12+ inches of snow in the last 24 hours.
Lost me at cnbc confirming a bottom
Highly regarded
Winter is coming.... It's almost March dipshit
STL - been the mildest winter I can ever remember
Southeast here
Europe learned to us es lot less this winter. There is real demand destruction happening hete
It got cold. Gas goes up. Not exactly complicated. It will get warm. Gas will go down.
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how about u eat my ASS
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Why not BOIL?
basf is moving production out of eu, countries are shutting down steel and alu mills and buying from russia (or transfering the production elsewhere).
Where to? You gotta move far to reduce gas dependency.
china, usa i think. maybe also south maerica, india etc (for steel and alu). some are just buying from russia - plenty of exemptions in NL for example.
basf moved to china mostly.
VisualMod t1_j9mwe90 wrote
Hey /u/new_changes, positions or ban. Reply to this with a screenshot of your entry/exit. >TL;DR: Hold your Natural Gas positions and don't short it. It's going to have a huge run up soon