Natural Gas Is Moving - BOIL And KOLD Magnify Price Moves

(9min)

Summary

  • Natural gas futures have been highly volatile in 2025, offering frequent double-digit trading opportunities for disciplined, active traders.
  • BOIL (bullish) and KOLD (bearish) leveraged ETFs provide amplified exposure to natural gas price swings but come with high risk and time decay.
  • Current natural gas inventories are lower than last year, supporting prices, but seasonal demand remains subdued, impacting short-term price action.
  • BOIL and KOLD are best used as short-term trading tools by experienced traders who understand the risks and the importance of strict risk management.
  • Looking for more investing ideas like this one? Get them exclusively at Hecht Commodity Report. Learn More »

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On March 10, 2025, I concluded a Seeking Alpha article on the U.S. natural gas market and the leveraged ProShares Ultra Bloomberg Natural Gas ETF (NYSEARCA:BOIL) and ProShares UltraShort Bloomberg Natural Gas ETF (

The Hecht Commodity Report is one of the most comprehensive commodities reports available today from a top-ranked author in commodities, forex, and precious metals. My weekly report covers the market movements of over 29 different commodities and provides bullish, bearish, and neutral calls, directional trading recommendations, and actionable ideas for traders and investors.

This article was written by

30.04K Followers

Andrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals.

He runs the investing group The Hecht Commodity Report, one of the most comprehensive commodities services available. It covers the market movements of 20 different commodities and provides bullish, bearish and neutral calls; directional trading recommendations, and actionable ideas for traders. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The author always has positions in commodities markets in futures, options, ETF/ETN products, and commodity equities. These long and short positions tend to change on an intraday basis.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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