33.26Open33.26Pre Close0 Volume2 Open Interest88.00Strike Price0.00Turnover266.40%IV2.20%PremiumMay 2, 2025Expiry Date32.03Intrinsic Value100Multiplier3DDays to Expiry1.23Extrinsic Value100Contract SizeAmericanOptions Type-0.9616Delta0.0063Gamma1.74Leverage Ratio-0.1354Theta-0.0051Rho-1.67Eff Leverage0.0042Vega
ProShares Ultra Bloomberg Natural Gas Stock Discussion
Natural gas decreased 0.38 USD/MMBtu or 10.40% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas is expected to trade at 3.72 USD/MMBtu by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.37 in 12 months time.
US natural gas futures fell below $3.3/MMBtu, their lowest in two months, due to rising production and mild weather forecasts. Average gas output in the Lower 48 US states rose to 106.3 billion cubic feet per day so far in April, up from a monthly record of 106.2 bcfd in March. Production hit a record daily high of 107.4 bcfd over the weekend. Also, warmer-than-usual temperatures are expected to persist through April 29, reducing heating demand. O...
US stocks rallied on Friday, closing out a turbulent week on a high note as hopes for a potential US-China trade deal lifted investor sentiment. The S&P 500 climbed 1.8%, the Nasdaq rose 2%, and the Dow jumped 618 points. Optimism grew after the White House said President Trump is “optimistic” China will pursue a deal, even as trade tensions intensified with Trump raising tariffs on Chinese goods to 145% and China retaliating with a 125% levy on U...
Based on my own painful experience, I recommend not holding the Boil stock over the weekend. You'll see where things are headed early on Monday. Then you'll have eliminated the risk of expensive surprises.
Nice weekend all and good luck next week.
The Doctor
US natural gas futures fell over 6.5% to $3.55/MMBtu, hit by a larger-than-expected storage build and forecasts for mild weather and weaker demand. The EIA reported a 57 bcf storage injection last week, well above the five-year average of 17 bcf. Mild temperatures kept demand low, helping utilities stockpile gas unusually early for this time of year. Storage additions may have even occurred in March — something that’s only happened once before. Lo...
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