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Decrease/Exit Natural Gas Exposure

|Includes:The United States Natural Gas ETF, LP (UNG)

On the date it is few days before expiry of November contract and I hope that it will expiry close to this price of Natural Gas 3.83$.

This is close to the targeted value that priced my model this month. I think that now it will be the rolling of some funds who have NG exposure and this can push up the price in any direction. That's why better for who is in linear exposure to decrease it or even go in cash out of Natural Gas long positions.

In my case my derivatives construction will wait expiry because the destruction/closing is too costly. That's why just will sit and wait that settlement price will be close to current or higher.

On the model portfolio I put the UNG closing order. And will wait in cash till next trading signal will be generated. Here is some track from it.

I DO NOT RECOMEND ANYONE FOLLOW ME. AND THIS IS NOT BUY/SELL RECOMENDATION SERVICE. I Just show what I developed and track it in public.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: UNG