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TFC Commodity Trading Forum

purchasing long term natgas calls

The Feb. way-out-of-the-money calls are cheap. The 470's are less than a grand and have much of the winter in time premium . And they're only .60 out of the money.
Market is very quiet and dropping slowly but we should be very close to the seasonal lows.

For a longshot the 500's are around $550 and the 530's are only around $350.

I'm picking up a few now and will add on further weakness.