Prices Slide into Options Expiration

Daily Continuation

One would expect that those of you who sold $1.50 puts through the months to be comfortable with that position. That said, one has to wonder where this decline will find support. Never get comfortable in Natgas.

Major Support: $1.611-$1.59, $1.555-$1.519
Minor Support: $1.649
Major Resistance: $1.90, $1.974, $2.019- $2.029
Minor Resistance: $1.722, $1.864-$1.896

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