Boy… That looks tempting
I think I’ll buy a little SVXY, and short a little less TVIX to compare the two. I plan to wait to short VX spreads. I’m still nervous about coronavirus COVID-19. Here is an article that puts it more in perspective for me;
Also, I’m reading that South Korea is not restricting residents from venturing out. I think they see that they can’t stop COVID-19 from spreading. I know if the spread makes it to where I live, I will venture out as little as possible.
Ok, on with Natgas. Not much as changed in the last few days. LNG is still being exported at a consistent rate at or above average. Total supply/demand is holding steady. I was under the impression that storage would not catch up to the 5 year average. Right now, it appears I was reading the numbers wrong last week or so? There is a slight chance storage could meet the 5 year average by the end of the withdrawal period. I can actually see where NG might trade in a range for a short time, as long as LNG does not crash the party.
I’m going to leave it at that, I’m late on the post and must get to work. I’ll keep holding UNG with 50% of my funds. Good Luck