IS THIS feasible?

RUFUS MREHIN said:
the points are very good, the Empirical formula is that the futures that would be picked would be the farthest ones only if their price difference from spot is not drastic, or the near future ones with constantly rolling them over to the next one,, this however poses the problem of contango and backwardation,,, the ultimate and last choice again would be to put a time limit like u said but that will turn away some customers,,,

we might not know the exact quantity but as the business becomes established it could be projected and estimated to a near number or a geographical zone,,,

additionally,, we could price it like futures for the cusotmers if must where gas is more expensive for those wanting to have near infinite expiration date,,,,

dont forget the longer the customers takes to redeem the longer money earns money on interest and options decay as well and any other stuff that might be deployed,,, this is the first goal is to have no expiration date on the gallons
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You have no idea what you are on about.


"Monthly contracts listed for the current year and the next 3 calendar years +1 month. Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year."

Unless you are trading markets like ICE WTI and Brent and the like, I guess that yes, you will have expirations on your "near-infinite expiration date".

4 years is hardly "near-infinite". Sheesh.

Oh wait, I don't think you'll have more that the above-quoted timeline. Nevermind. I'm a moron. Do as you will. Make millions dude! Hooked-on-Phonics worked for me!
 
its okay man, why u so mad like ur blood is boiling, many things to be learned, many people to be joined, this company wont be a one man job shop,, relax buddy
 
Ok so after reading all this and understanding it a it better there is almost no way the consumer is going to get any discounts and in fact will most likely be paying more than the pump price to fix price their gasoline costs.

There goes the idea of buying in bulk to get a discount.

So the biggest question i can think of is whether large quantities of people would be willing to pay more to fix their gas costs. and how much more (what is the limit).

Fyi, I personally would not spend 500 bucks up front if it means paying more than current pump prices... the same price...maybe... less than pump prices... yes.

Also its becoming apparent that you will not be able to offer consumers fixed cost of gas indefinitely as you cannot hedge more than a few years out.
 
Overnight said:
You have no idea what you are on about.


"Monthly contracts listed for the current year and the next 3 calendar years +1 month. Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year."

Unless you are trading markets like ICE WTI and Brent and the like, I guess that yes, you will have expirations on your "near-infinite expiration date".

4 years is hardly "near-infinite". Sheesh.

Oh wait, I don't think you'll have more that the above-quoted timeline. Nevermind. I'm a moron. Do as you will. Make millions dude! Hooked-on-Phonics worked for me!
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Hey Overnight, i didnt know that we go way back,, hahaha, respect :-)
 
systematictrader said:
??

ur posts are blank
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Maybe you have him on ignore?
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