Sold short natural gas spread

in naturalgas •  7 years ago 

Seasonality + price action pointing lowerNG.png NG1.png NG2.png

naturalgas trading futures
7 years ago by

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      ·  7 years ago (edited)

    Spread still going sideways because of the gap up on the outright. This spread bets that the july contract gets more expensive than june's. This should happen as soon as price on the spot contract starts going sideways or lower. The logic is based on the futures term structure.

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