Submitted by Desperate-Tennis3891 t3_10q9ejb in wallstreetbets
Robincapitalists t1_j6onnok wrote
Henry Hub Natural Gas Spot Price (Dollars per Million Btu) (eia.gov)
Huh? Where? The current price is above all years (outside of COVID years) going back to a few weeks in 2014.
Are you talking about UNG? (Which isn't natural gas price). Are you talking about LNG prices? Are you talking about Natural Gas Prices outside the US?
jr1tn t1_j6oo2ke wrote
OP demonstrates his confusion in his post, by equating "all time lows" with the last two years.
Desperate-Tennis3891 OP t1_j6oq5zo wrote
2 year low* my bad
Desperate-Tennis3891 OP t1_j6ooddk wrote
25yrs is a bit excessive but gets the point across lmao
Robincapitalists t1_j6opuev wrote
What's the source?
Henry Hub is generally considered to be the national pricing for the US.
Desperate-Tennis3891 OP t1_j6oq1cf wrote
Robincapitalists t1_j6orb10 wrote
This is futures. (your OP says "prices" futures are not the price)
What ticker/trade are you planning on using for said "free money"
With most they only tend to work on a volatility trade and not over the long run. On natural gas, I'd rather own businesses that stand to profit from increasing production and pricing differentials.
Desperate-Tennis3891 OP t1_j6os4h7 wrote
I trade CFDs not options like most of you, havent grown the balls to do that yet. The ticker is just Natural gas-22feb23.
Liquefy8275 t1_j6otxzo wrote
that's the monthly forward contract
Robincapitalists t1_j6ov497 wrote
I don't do options. I tried a few times in 2021. Was not good.
I generally try to take positions. In this case, if I was looking for something direct on gas, it might be UNG ticker. Or if I want to get cute, a leveraged ticker like BOIL. (But they only work for trades really, not investments)
Companies I might consider for Natural Gas, Cheniere (LNG), Chesapeake (CHK), Energy Transfer (ET), Williams (WMB). One speculative I keep an eye on is Tellurian (TELL).
[deleted] t1_j6ood3b wrote
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