OTCPK:TLSMF - Post by User
Comment by
tvstockon Oct 29, 2014 7:50pm
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Post# 23074506
RE:RE:RE:Don't be short natural gas this winter
RE:RE:RE:Don't be short natural gas this winterI think some marginal producers have been shorting UNG or something like that as a hedge. They can always cover their short position when they sell their NG, should NG shoots high later.
Let us see what happens when SU releases tomorrow.
Moreover I think it would be very unwise to hedge short TLM with 8 or 9 calls. Downside profit by keeping short at these levels I would say is limited, while covering with 8 or 9 calls is still very costly should a takeover occurs.