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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: CommanderCricket who wrote (140480)9/24/2010 9:07:53 PM
From: Bearcatbob  Read Replies (1) | Respond to of 206336
 
CC,

There are definitely issues with UNG. However, for an Oct 6/5 BPS the contango will not have time to get me and the options are liquid. Key to the issue - while you will not notice in Tampa - our furnace will be on next month. Not to worry though for me - we bought one of the new high efficiency units - $1500 off courtesy of Barack's energy efficiency credit. I think NG will start to drift higher from here.

As for risk - say what - IOC man?

Bearcats play Sooners tomorrow - GO BEARCATS!

Bob



To: CommanderCricket who wrote (140480)9/24/2010 9:08:36 PM
From: tom pope  Read Replies (1) | Respond to of 206336
 
UNG options have large open interests, which should make them easier to trade.

Don't know about others here but my main criterion for options is liquidity. Can I get out?