Dr. Mikhail Mal...'s  Instablog

Dr. Mikhail Malakhov
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Hi I'm Quantitative Commodity trader at a CTA fund in Hong Kong. I'm doing research in Natural Gas and LNG for my MBA and in process of this, developed strategy for directional natural gas futures trading in NYMEX. The main Idea is in following the sentiment of the hedgers and taking the trades... More
  • Holding Natural Gas Shorts And Waiting 0 comments
    May 1, 2014 11:04 AM | about stocks: DGAZ, UNG

    I add to my model the last data http://ir.eia.gov/ngs/ngs.html

    And it confirm the short positions on natural gas price,

    I will not add more shorts now and only 50% of the portfolio is now opened. (Not sure about adding more shorts while we are above $4.7)

    Screen below of DGAZ position in model portfolio.

    (click to enlarge)

    But if we will see more then +100 storage injections in May then natural gas price will start to decline much faster up to $4.2-4.1 in next 4 weeks.

    Holding shorts and waiting.

    Disclosure: I am short UNG.

    Additional disclosure: I do not trade equities, only derivatives.

    Stocks: DGAZ, UNG
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