Thursday, August 13, 2009

Natural Gas Pain

Despite better than expected EIA storage numbers of 63bcf, and subsequent .15 pop in Sep NG futures, the Sep / Oct roll continues to widen @ .305. Holders of the stock UNG are not getting any relief from the pain and COST of the roll. In fact, all the spreads are wider with Oct/Nov @ .88 and Nov/Dec @ .77

pls see UNG Roll Pain

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