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United States Natural Gas Message Board

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  • mmmparsley mmmparsley Jul 6, 2009 9:34 AM Flag

    all the bears here were trying to warn you

    But the current and next month expirations always converge when the market isn't wildly volatile... and volatile to the downside.

    I don't think these major current month capitulations are going to hold. If they don't, we have a lot of room to move north.

    Also, notice that Sept. and Oct. options decreased more than Aug. this morning. But longer dated options decreased less. I think this bodes well for less time decay, and a more sure thing as future prices move toward an inevitably much higher price nearer production cost which is coming this winter.

8.30+0.110(+1.34%)Aug 24 4:00 PMEDT