Short Natural Gas $2.90 September Call @ $0.128 credit

Short Natural Gas $2.90 September Call @ $0.128 credit. This allows a nice profit as long as Natural Gas remains below $2.90 by end of august.

The probability of Nat Gas breaking $3.00 is low given the abundance of the commodity, with the latest injections being higher than historical norms. Latest build was 91 vs. 75 historical (last 5 years). 

The moderate summer is helping to push up inventory build. This is on top of a larger than normal supply rush  from all the wealthy 2010 - 2014 drillings.