Watching our old friend KOLD

The chart is starting to look intriguing for a fade (i.e., long nat gas) but strikes and expirations not actionable right now. Not much premium above 40 in November. If nat gas continues to be weak for the next couple of weeks, there may be a play in December (options will open up after October expiration next week). For now, Feb highest strike is 46 with the bid/ask really wide (1.00 x 5.70). Holding off but keeping an eye on it.