Anyone interested / thinking about hedging their gas bill?

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Old 01-20-2020, 09:07 AM
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CoachKandSportsguy CoachKandSportsguy is offline
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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
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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
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bills, lng, short, high, buy

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