Well the bottom fell out of natural gas so I will be holding onto it until it recovers. Therefore, I will roll my position from February to March. The good news is that natural gas is in backwardation resulting in a lowered cost basis. I am selling /NG Feb for 1.915 and buying /NG Feb for 1.908 for a roll yield of .07. The new cost basis of the position is

/NG March 1.9489.

Share on twitter
Share on whatsapp
Share on email
More posts in