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UGAZ?
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Joe R
Posted 5/17/2015 18:03 (#4576163)
Subject: UGAZ?


A few months back there was a discussion on UGAZ (natural gas 3x). Just looking for some opinions from some of you out there that dabble in these types of trades on where this could be headed. I do have a long position with an average of $2.70 ( bought some at $3.25, $3.00, and made a fairly large purchase at $1.99 to get the average down). Appears the bottom may have been hit a couple weeks ago, but I am nowhere near an expert on natural gas trading ranges and patterns. Held $3 on Friday and has had a couple good weeks. Any opinions welcome.
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