Natural Gas Spread Is a Sell

The Natural Gas (H20 - J20) calendar spread is up on the day and is providing an excellent opportunity to sell. This spread has profited all 15 of the last 15 years when sold on 6/24 and bought on 7/7. It also boosts an impressive profit to draw-down ratio of 140% and the profit in the best year is 9x the worst draw-down. This morning I will be selling the Natural Gas (H20 - J20) calendar spread at the current price.