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indeed, seen a few guys get banged up on wti 1x2's past coupe months... banks were selling the rich put skew hard

thats the truth... everyone who trades them calls 'em 1x2s

This guy does not have a clue about the physical gas markets... I do not think you have a chance. Gas Scheduling is not "fire fighting", but rather a complicated and important part of gas trading that requires an in depth understanding of the physical mkts..

they are huge and every bank has them... they trade every product and every instrument in every asset class... they make the most of the banks money and run very large VAR positions.

trade them on nymex and on ccfe... sox credits. credits in the 2010-2020 region really got hit hard after the climate summit complted withoun any firm targets (20-40% fall on the day).