Anyone interested / thinking about hedging their gas bill?

Closed Thread
Thread Tools
  #1  
Old 01-20-2020, 09:07 AM
CoachKandSportsguy CoachKandSportsguy is offline
Sage
Join Date: Jan 2019
Location: Marsh Bend
Posts: 2,510
Thanks: 599
Thanked 1,898 Times in 913 Posts
Default Anyone interested / thinking about hedging their gas bill?

I realize that most natural gas bills are low, however, for those that you have large NG bills, pool heating, whatever, LNG prices are near all time lows, and heading lower.

Here is a picture
Twitter

Buying the ETF UNG, 100 shares, with a trailing buy stop above the prior day's high, will buy you some LNG to hold for a short period to gain against some short term disruptions.

I used to hedge against Fuel Oil instead of buying the suppliers futures contract, until the ETF was liquidated.

Just asking and willing to help out those with high bills.

sportsguy
Closed Thread

Tags
bills, lng, short, high, buy

Thread Tools

You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 05:09 AM.