TRADING COMMODITY FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS. YOU SHOULD CAREFULLY CONSIDER WHETHER TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR CIRCUMSTANCES, KNOWLEDGE AND FINANCIAL RESOURCES.
OPTIONS PLAY: Buying NYMEX Natural Gas Calls
In my view NYMEX Natural Gas could be bottoming out and presenting an opportunity to buy call options.
MY ANALYSIS
Fundamentally, in my opinion NYMEX Natural Gas could move higher for a number of different reasons including the potential for hurricanes in the Gulf Of Mexico and the possibilty of a colder than normal winter. Although these items may already be factored into the price.
Technically, I see NYMEX NATURAL GAS forming a potential bottom as the 9 day Simple Moving Average begins to turn up as well as the bottom band of the Bollinger Band study. Also there as been an up tick in volume on the recent push higher. For more charts, studies, and commentary go to http://www.markethead.com/.
OPTIONS PLAY
BUY DECEMBER BULL CALL SPREADS OR NOVEMBER CALLS
For Our Special Futures/Options Volume Study Report:http://www.zaner.com/3.0/mmckVolume.asp
WE ARE ALSO FOCUSING ON COMMODITY OPTIONS IN U.S. 30 YEAR TREASURY BONDS, SILVER, GOLD, GAS, GRAINS, SOFTS, and INDICES.
FREE QUOTE- “You would be suprised how much confidence success can bring.” -Vince Lombardi
Before you place any of these trades in your account you should call or email me with your phone number for a detailed explanation of the strategies and the risks involved at 312-277-0115 or mmckinney@zaner.com.
Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed. The limited risk characteristic of options refers to long options only; and refers to the amount of the loss, which is defined as premium paid on the option(s) plus commissions.
FOR CUSTOMERS TRADING OPTIONS, THESE FUTURES CHARTS ARE PRESENTED FOR INFORMATIONAL PURPOSES ONLY. THEY ARE INTENDED TO SHOW HOW INVESTING IN OPTIONS CAN DEPEND ON THE UNDERLYING FUTURES PRICES; SPECIFICALLY, WHETHER OR NOT AN OPTION PURCHASER IS BUYING AN IN-THE-MONEY, AT-THE-MONEY, OR OUT-OF-THE-MONEY OPTION. FURTHERMORE, THE PURCHASER WILL BE ABLE TO DETERMINE WHETHER OR NOT TO EXERCISE HIS RIGHT ON AN OPTION DEPENDING ON HOW THE OPTION’S STRIKE PRICE COMPARES TO THE UNDERLYING FUTURE’S PRICE. THE FUTURES CHARTS ARE NOT INTENDED TO IMPLY THAT OPTION PRICES MOVE IN TANDEM WITH FUTURES PRICES. IN FACT, OPTION PRICES MAY ONLY MOVE A FRACTION OF THE PRICE MOVE IN THE UNDERLYING FUTURES. IN SOME CASES, THE OPTION MAY NOT MOVE AT ALL OR EVEN MOVE IN THE OPPOSITE DIRECTION
