LNG export playsI am currently subscribed to Nick Hodge’s newsletter (getting out soon though) and one of his most recent email blasts was about the upcoming export boom in LNG. Any thoughts?
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Look at the Mar 2016 55 Call options for LNG. Quite a heavy dose of options interest (over 18,000) as if an insider knows it’ll rally to $55 a share from current $49 levels a share….
So…this may be a god send if you play options and stock or just options…
My experience with LNG goes back over 20 years when they built 2 huge tanks to hold it in the NYC area. There was a big worry that if an accident happened it could have been catastrophic and NYC would no longer be on the map. Needless to say the tanks never saw a drop of LNG, due to all the protests. They are just starting to dismantle the tanks now.