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Thanks, saved me having to write, "you should never get married to your trades."

#2???? Because the Dynamics change. Always - is this good from here. Do I like it at this moment, here!

... And that was with @dest kindly not mentioning his summers in Rangoon, the luge lessons, or the Zoroastrian named Vilma who ritualistically shaved his testicles.

In some products very well. Think GC or any product where storage is simple, and the product remains identical over time. Now NG,.... boy oh boy... dat be a horse of a totally different color. Year over year -after 3-4 years - I'd say yes... Month to month... <snickers>.

Or, in the immortal words of Tony Montana... "You gotta get the money first. then..."

Like watching paint dry. Massive volumes for tiny edge. Then, maybe most annoying of all. Anytime you want to explain things to people you have to speak backwards because everyone thinks in terms of rates. "Hey, the 10yr rallied to 97 15/32" <--- means nuthin' to no one.

I think you'd be the one learning from him.

In response to the previous posts...(UGAZ) Not only was it never the correct answer. Using equities would create an accounting/auditing nightmare for the OP's intended purpose. Not only is it a shaky hedge at best, it would never be allowed as a hedge by regulatory standards. The way he is...

Half - never a local. Is Schmit = taowave?

1- Buy the calls, six to eight months in the future, with strikes three to four deep ITM... hopefully the falling IV will help me... What more need be said. Prima facie retarded. 2- ...and my delta's will thus improve with the passing of time... WTF! Improve? Worsen? Change yes, first two -...

ROFLMAO. By my third week of work I had forgotten my name and only responded to, "you fucking idiot." If that would bother you, you shouldn't trade. The market will call you much meaner things than that.

If my simplification of what you said is correct. I gotta ask: Are you planing on simultaneously contracting/selling forward your electrical generation when buying in your gas exposure?

Just curious, by generation, do you mean gas gen or electric gen with gas.?

As I said: 1- surprised you can't find a 10 yr monthly strip. 2- hedging 2029 with 2029 will of course be the best hedge. You implied that was between, unavailable and difficult to procure. 3- it makes no difference 'trading' or against generation. A hedge is a hedge. And say 25 is the best you...

I'm sorry if you call what you said above advice ... We need to work on what is meaningful advice ...So again... How is your "advice" worth me reading and commenting on?" It's not. Problem solved. "Now if you would have given me names of people who you perceive as knowledgeable, then this...

"he's the only one that tried to help." - I think I did one time. You disagreed with the second half of what I said - End of help. edit: I stand corrected, I just remembered, I tried telling you what to do with some way OTM put spread... so twice I tried. "Then everyone else spends the rest of...

Yep! ...and like the sea, the less you fight it, the more it tells you.

It's pure, it's simple, it's clean, it answers the question at 100% correlation. No need to go 10 years out, once you pass the contango/backwardation noise, say about 3-5 years out, there is no difference between 5 and 10 years. It's safe to treat one as the other, you'll only have interest...

Ya mean like in 2002-2003, when Enron went down, and all energy stocks went near 0. ;)

An enormous part of trading is perceiving your surroundings - you are far from that. In the mean time I highly suggest you accept recommendations from those who have developed that ability. You want to ignore everything this RaVar guy says. He knows nothing about options. NOTHING!