OIH versus UNG

The disparity between OIH and UNG has caused a lot of traders to take notice. Today, with pretty much all assets down in value, UNG is up over 6% - very impressive! You can see in the graph below how there's a huge gap between the price of OIH (shown in blue) versus UNG (shown in black). The market appears to be in the process of reducing the size of this gap.