Ramie 9:43 am on Wednesday, December 2, 2015
Tags: ContangoETFs ( 446 ), GasGame

Will it ever get KOLD again?

Sold Dec 18 200 (highest strike) for 2.00, with $KOLD at 162.

optioniceman 9:50 am on Wednesday, December 2, 2015

$KOLD #GasGame – Sold 1 KOLD Jan 15 2016 215.0 Call @ 5.30
- Ramie 10:12 am on Wednesday, December 2, 2015
  
  Following! Sold $KOLD Jan 15 2016 215 call @ 5.30. Thanks Iceman.
Jeff 10:43 am on Wednesday, December 2, 2015

Whenever Nat Gas settles into its lows, the compounding factor of $KOLD, which is a 2x Bear ETF, will start to drag it down again. Until then, I roll what I have to back into puts, and look only at these high strikes. Already have a couple of these 200’s for 3.10… will look to add more closer to expiration.

#ContangoETFs