Playing With The House's Money

(If you want) Our natural gas trade is up 118% so far.

Maybe We Did Buy The Bottom This Time

In a Trade Alert on February 21st, I mentioned I placed a leveraged trade on natural gas. Since then, natural gas prices are up about 50%.

The call options we bought were up 118%, as of Friday’s close. If you wanted to, at this point, you could sell half and let the rest ride, playing with the house’s money.

I am going to let it all ride.

I invested an amount I was comfortable risking, and I think there’s potential for a lot more upside here.