Greetings,
The GOIL and GAS futures on the IPE appears to have decent volume, enough to day trade perhaps (60K in COIL volume today).
See IB's website for some info on the IPE contracts at
http://snipurl.com/g8jj
IB's margin requirements for the IPE contracts don't seem too onerous either:
http://snipurl.com/g8jl
Looking at the 5 minute chart for the past few days, it appears as if most of the volume occurs at 10 AM through 2:30 PM New York time, and that it's fairly liquid during those times.
A few questions for those of you who trade COIL and GAS:
1. When does the COIL and GAS futures typically rollover from to the next month's contract?
2. Why does the August GAS contract has more volume than September contract, while for the COIL contract the September contract has more volume than the August?
3. Is there anything else that we should know about trading these instruments?
I've never traded oil futures before, so any thoughts you have on COIL and GAS would be appreciated.
Thanks.
-- MMM
The GOIL and GAS futures on the IPE appears to have decent volume, enough to day trade perhaps (60K in COIL volume today).
See IB's website for some info on the IPE contracts at
http://snipurl.com/g8jj
IB's margin requirements for the IPE contracts don't seem too onerous either:
http://snipurl.com/g8jl
Looking at the 5 minute chart for the past few days, it appears as if most of the volume occurs at 10 AM through 2:30 PM New York time, and that it's fairly liquid during those times.
A few questions for those of you who trade COIL and GAS:
1. When does the COIL and GAS futures typically rollover from to the next month's contract?
2. Why does the August GAS contract has more volume than September contract, while for the COIL contract the September contract has more volume than the August?
3. Is there anything else that we should know about trading these instruments?
I've never traded oil futures before, so any thoughts you have on COIL and GAS would be appreciated.
Thanks.
-- MMM
