The Best Months to Short BOIL
14 years of market data reveals the optimal months to profit from natural gas volatility
The ProShares Ultra Bloomberg Natural Gas ETF (BOIL) offers 2x leveraged exposure to natural gas futures.
A quick look at BOIL’s historical chart and it’s obvious shorting BOIL has been remarkably profitable over the long term.
Across all 12 months, BOIL has declined an average of -3.32% per month. Which translates to a theoretical 3.32% monthly profit for short sellers.
BOIL finishes red an average of 62.9% of all months, but not all months are created equal.