Heading into the season, not an ideal set up with all the over extensions we have had in the past year with the commodities market, however might as well try to make some money off the tickers. NGG23 expire on the 23rd of Jan meaning we do not want to have the trade extend past the 23rd of Dec. or all the open interest will be sucked out. In addition we need to have a long dated contract shorting the Jan contract to hedge risk incase it goes against the trade. And do not fail to apply the proper stops 2% of the account size* or you can do 2% on the notional value of the trade but I would not recommend due to getting stopped out prematurally. With demand for natural gas increasing in the winter months and some of the supply being cut (Nordstream 2) there is a global shortage and dont think that our leaders won't share they are masked as globalists. Until they realize that kicking that can down the road until we realize we cannot server everyone in the world there will be prices to pay for the consumer but also opportunity in the commodities markets.
"Good Luck Ace"
-Kewl Kat
"Good Luck Ace"
-Kewl Kat