Options Expiration Day! Daily Natural Gas Report - July Futures (NGN26 @ 3.315) | 06.25.2026
- Timothy Beggans
- 2 days ago
- 2 min read
Timestamps
00:00 - Introduction and Current Market Prices
00:36 - Hourly Chart Analysis: Pivots and Resistance
01:06 - July Contract Open Interest & Expiration Strategy
01:47 - 8 to 14-Day U.S. Temperature Outlook
02:13 - National Heat Risk Map & Extreme Heat Projections
03:03 - European Model (ECMWF) Heat Index Forecast
04:11 - ERCOT Demand, Renewables, and Fuel Mix
05:10 - Nuclear Fleet Status & Outages
05:32 - Winter Strip (Nov-March) Technicals
05:52 - European Heatwave & Power Grid Concerns
06:51 - EU Natural Gas Storage Levels
07:07 - JKM (Asia) Prices & Weather Forecast
07:38 - LNG Export Update: Golden Pass & Sabine Pass
09:04 - Tropical Weather & Saharan Dust Layer
09:24 - U.S. Drought Monitor & Recent Earthquakes
10:06 - Oil & Gas E&P Stock Performance
10:18 - Summary: Storage Expectations & Closing Remarks
In this daily report, Tim, President of Elk Trading Company, discusses the current state of natural gas trading as the spot July contract heads toward expiration. Key highlights include:
Market Trends: Natural gas is trading higher, currently above the 13 and 48-period EMAs. Tim analyzes the daily pivot and resistance levels.
Options Expiration: A deep dive into open interest and how tomorrow's expiration of the July contract could lead to a price squeeze.
Weather Impact: Extreme heat risks are projected for much of the U.S. through early July, which could significantly drive demand.
Energy Grid & Renewables: An analysis of how wind, solar, and nuclear power are currently affecting natural gas market share, particularly in ERCOT.
Global Outlook: Updates on the heatwave in Europe, cooling water issues for French nuclear plants, and LNG tanker activity at Golden Pass and Sabine Pass.
NG Stock Watch List Oil & Gas EMP Sector
Market Cap 2-10B, short float over 10%
BKV | CNX | CRGY | CRK | MGY | MTDR | NOG
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