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I've not heard of a correlation between nat gas and heating oil. They really aren't substitutable, their production and storage methods are different. Your logic makes this relationship somewhat suspicious. If Crude -> Heating Oil -AND- Heating Oil -> Natural Gas then why isn't...

The answer to these sort of "odd pricing" questions can always be found in the Contract Adjustments section at the OCC. http://www.theocc.com/market/infomemos/info_memos_form.jsp In this case, the VHR series represents 169 shares of GG due to an aquisition of Glamis Gold...

Demand for the contract maybe, but not so much demand for beans. There will likely be 33% more ending stocks than any other year in the last 20. The real story is the split between meal and oil today. Wow...

"ECBOT fiasco" indeed. On a crop report day no less.

WASDE came out today (and every month about this time). HUGELY bullish for Corn with a lot of drag-along effect. Wheat is something of a mystery, their fundamentals are looking pretty bearish (quite a bit more ending stocks than expected). I'm guessing the runup there is Corn drag-along.

Are you sure? Your quote of their contract said you can: This would mean you can BTO calls or puts, and you can STO a call which is covered. They don't seem to allow a STO for puts. I can see your confusion though, "put selling or naked options" is a confusing terminology. A sold put is a...

Keep in mind that VIX and VXO are computed in dramatically different ways. http://www.cboe.com/micro/vix/vixwhite.pdf VIX should have history going back to the inception of VXO (they back-computed it using the new formula)

I don't know anything about Scottrade, but this can't be right. To make things clearer, think about the four transactions you can do with options: BUY to open SELL to open BUY to close SELL to close I believe Scottrade is trying to prevent you from doing a "SELL to open", but they...

How is having more buyers than sellers manipulation? And, if you're right, that it will be only 30 above fair value, then be one of the sellers! Requiring a cash market to be open at the same time as the futures market only makes sense to someone who has never traded a future other than...

The "Cost of Carry per CBOT" is too arbitrary. Allendale computes this by looking at front month futures versus cash prices. They publish an updated commentary at MGEX.com pretty regularly. From the last USDA report: Corn - 4.1 cts/bu/mo Soy - 6.2 cts/bu/mo Wheat - 5 cts/bu/mo .0015...

I believe this is a bug with Yahoo (which I think is where you're getting this data). The OQD series went away on July 14th, 06 and became the GOP series. My guess is Yahoo missed this switch and is still reporting the OQD price from back in July...

So, if you ignore 90% of the market and that XMSR has a "first to market" advantage in that 90%, then SIRI is better? SIRI has Stern, but that didn't make any difference. XMSR still outpaces SIRI in new subscribers and did both before Stern and after Stern...

The only people who do "tax selling" before the end of the year is to realize a loss on a dog of a stock that they don't think is coming back. I'm not saying SIRI won't rally, but I still don't understand why you wouldn't want to be in XMSR. It's chart pattern is vastly more bullish, their...

Buy one, sell the other.

That's a big IF, but we had an argument about this topic just a few weeks ago: Time to get SIRIous...

I'd assume because they don't want the overhead of managing an account that will make them virtually no money. Add to that an American society that will sue anyone over anything (coffee too hot? Sue McDonalds!), and a lawyer could easily argue that IB "should have known" that a low-income...

No, it was a stupid joke about "soybeans being on fire" causing supply disruptions. Soybeans do have the weaker fundamental case--theres tons of supply. However, the price is following corn on the feeling that if the price doesn't run up, every farmer will plant corn next year, and no one...

Ah! A short term supply problem. You should buy near-term soy as the stocks will be depleted by the fire.

Which corn, and why? Has the demand picture fundamentally changed? If so, Dec corn might be a better bet (and the chart pattern looks stronger). Or, has the supply picture changed, in which case July corn may be a better bet. Your mileage may vary, but buying commodities while looking only...

This question is a non sequitur--there's no such thing as a "theoretical value" unless you know the Volatility of the stock. Volatility for the purposes of options has very little to do with the historical volatility. Dividends, volatility skewing, exercise style, earnings, supply and demand...