You will be rich as Croesus from those puts.
Starting at the end of February I am going to naked short as many UNG calls as my account will bear for the rst of 2014.
At least admit you're getting rocked today, have some dignity. You know there is no fundamental justification for gas being this high.
And he would outperform for the year...
Why would you be buying those at the end of the natural gas run up? Where do you think the share prices will go when natty goes back to the 2s?
Sound about right to you?
Don't you wish you were short more than 400 shares? How low will you let it go before you add to the position? I can see this going to 25 cents by December adjusted for the multiple reverses.
I agree with you. Even though we're incredibly overdue for a recession right now, since it's been so long since the last "official" one and the business cycle calls for periodic cleansing recessions, the government will never allow one to be reported. In fact many people think we're in recession now but 4% growth will be reported, wink wink.
Every time I think of SVXY! Every time it broaches a new dollar mark on the way to 107 I'm going to have to bump it! I will seriously consider killing myself if it doesn't hit 107 this year!!!!
Can't find anything, looks like oversold bounce but man they are POUNDING the VIX now. It is getting destroyed, UVXY is already down $7 and could drop $30 today and tomorrow combined.
You get back in yet? What a move today, amazing. I would be real interested in the 40 area but it seems like the market has an unshakeable faith in central bankers.
Dennis Gartman is calling for sub 1500 on the S&P which is usually a sign that stocks will rise. Of course if we did hit 1500 we could probably get SVXY at 30.