It’s time to pull the rip cord on the short natural gas trade.
With the KOLD ETF trading below my stop-loss level of $6 this afternoon, I’m officially exiting the natural gas short trade in the Unconstrained tracking portfolio.
This includes two transactions:
1) Sell to close 1300 units of the KOLD ETF, and
2) Buy to close 13 KOLD Nov 19th $9 covered cal…