UNITED STATES NATURAL GAS: Who Wants To Make A Widow? (+36%)

We expected more heat and darkness from the ultimate widow-maker asset.

Executive Summary

• The dark side of trading; we have seen darker.

• We feel sluggish today, fine, but no signs of that emotional frenzy promised by the widow-maker crowds.

• We close the trade and go back to theory.

1. Recap Situation

We were interested in the psychology of widow-making and how to climax on narcissism. Maybe we didn’t put on the trade correctly or pulled the trigger right, but it feels like we haven’t experienced the real deal.

Check out the original BrainDoζer below.

UNG: Who Wants To Make A Widow?

2. Why Now?

It is always good to exit before someone gets hurt. Contract maturity moves closer, and we start feeling the heat after all. Implied volatility has not come down as much as we hoped, but we can still close for a decent profit inside our break-evens.