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Brian Stutland's Natural Gas Trade

Brian Stutland of Equity Armor Investments said on CNBC's "Futures Outlook" that the natural gas trade has gotten a little ahead of itself to the upside. Stutland expects to see a sell-off in natural gas as he forecast a slightly warmer weather in October.

· 10/14/2020 16:25

Brian Stutland of Equity Armor Investments said on CNBC's "Futures Outlook" that the natural gas trade has gotten a little ahead of itself to the upside. Stutland expects to see a sell-off in natural gas as he forecast a slightly warmer weather in October.

He would sell the November contract at $2.69, with a target price at $2.49 and a stop loss at $2.89. Stutland thinks the trade is lower because the economy is not back to normal yet and he keeps seeing inventory builds.