On IB.
CL Dec 21 47.81 (last price)
CL Dec 22 46.36 (last price)
CL Dec 21 - CL Dec 22 (12m calendar) -1.41 (last price)
Now correct me if I am wrong but I always thought big number minus small number = positive number not a negative number lol
should be the calendar be +1.41 not -1.41.
Can...
what you need to understand is that there are levels to this. Taking huge unauthorised delta positions (MF global style) is completely different to skimming which is different to selling order flow. FWIW I have no idea what IB are doing, all I know is never put more than 10% of your net worth...
I dodged a bullet. I had an account with MF Global. I transferred out before the 5hitstorm, pure luck but remember kids never put more than 10% of your net worth with any one broker. ever.
short term traders squeezed CAAS up to $13.5. I am sure $5 will print again in short order but generally I don't like to short as losses are unlimited.
GPS has been sideways, it's still a great RR spot to get in here. I wouldn't rule out a drop to $15 as anything can happen. If I was a short term trader I would be looking for upside confirmation then buying RR dips into $25.
Brent touched 49.90 in the Feb21. holding for the spike into $50-51. it's almost certain to come back to the 50.00 as that will trigger a lot of interest and interest means shekels.
KERN looking solid for a spike into and through $5 any time in the next week.
Brent crude looking like it could post its move up soon. Trading at 48.60 in the feb 21 contract. I have orders to bank at 51.00 but will look to bank at exhaustion pattern in 50.00 - 51.00 zone.