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Hawk’s Nest

Nat Gas Name in Strong Trend Sees Call Buyer Roll Out

by | Oct 17, 2022

Golar LNG (GLNG) buyer 3100 November $25 calls $2.05 as Oct. calls adjust and stay bullish into next month. GLNG has held trend nicely and is coiled near 21 EMA with a potetntial move back above 26 seeing a breakout towards recent highs at 30 as the energy space stays relatively strong. GLNG also has a VPOC untested at 33.50 overhead which could be a target going into year end.