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UNG premium with the new NGZ9 future, december rollover

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


Here we go, december future now, premium around 1,85% that was hard to trade in the past few days due the fact the ETF was doing rollovers to the next future.

Tomorrow can be interesting to open some position short, so buying futures and selling ETF and wait that the spread will reduce to make some gain or that will increase adding new positions. Always in our mind... the 20,5% premium, seem so far that nice august 2009 opportunity. Let's remember.