BOIL ETF News

On June 26, the natural gas futures for August 2019 closed at a discount of ~$0.23 to the August 2020 futures. On June 18, the futures spread was at a discount of $0.24.

A breakout above a bullish chart pattern in natural gas ETFs may attract further buying. Trade the commodity using one of these funds.

Oversupply concerns are weighing on natural gas ETFs. And possibilities of normal weather are likely to keep those ETFs under pressure in the medium term.

On June 20, natural gas’s implied volatility was 34.7%—18.8% above its 15-day moving average. The implied volatility has risen ~20.1% in the trailing week, while active futures have fallen 6.7%.

As of June 18, the natural gas futures contracts for delivery between July and September were priced in descending order. On June 11–18, natural gas July futures fell 3%, UNG fell 3.1%, and BOIL fel

Yesterday, natural gas’s implied volatility was 28.9%, 4.7% above its 15-day moving average.