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long GAZ and short UNG gave 8% return in 2 days



If you read the post I found, you could imagine this trade happened just yesterday when I was amazed from the crash in price of UNG, due to the premium I couldn't imagine so high already.

Investors jumped to buy GAZ at not so high premium and selling UNG (even short for an arbitrage) the situation you can see is the past 10 days, UNG started to take a premium and arrived to have over 3% more premiun than GAZ and then 2 days ago GAZ inverted and now is trading 5% more at premium of UNG so a 8% difference from the value of wednesday, in 2 days so who went long GAZ and short UNG did a 8% gain!