12/06/19 : Out @ -0.0041. Nothing special. Worked according to plan.
My energy trades
- Thread starter TraDaToR
- Start date
12/06/19 : Out @ -0.0041. Nothing special. Worked according to plan.
Out @ -0.019. Crappy trade. This instrument is getting too illiquid. Quite a shame.11/25/19 : Long ethanol F/G @-0.011.
- Z/F just went ballistic today.
- Argo terminal rail strike, difficulties for ethanol plants to get corn ( basis, moisture...).
Beware this contract us getting illiquid. Don't hold to close to FND if you are tempted...
12-09-19: Out @ -0.19. Good trade.
Very good
12-11-19 : Short NG K/N @ -0.105.
- The widowmaker is really low for this time of the year, dragging the spring spreads to teh downside.
- Storage levels back to 5 year average( were much lower a year ago ).
- Huge production growth from shale plays last year and Appalachian producers have send-or-pay contracts with pipelines, so they have to produce.
- Seasonals.
- The widowmaker is really low for this time of the year, dragging the spring spreads to teh downside.
- Storage levels back to 5 year average( were much lower a year ago ).
- Huge production growth from shale plays last year and Appalachian producers have send-or-pay contracts with pipelines, so they have to produce.
- Seasonals.
01-21-20 : Long Brent Z20/Z21 @ 2.17
- The 2021 expiries have flattened too much compared to the 2020 expiries in the last leg down.
- Brent is where the geopolitical risk is and IMO this risk is undervalued now.
-The current level is the previous july and september highs( hopefully turned support ).
-Seasonality.
- The 2021 expiries have flattened too much compared to the 2020 expiries in the last leg down.
- Brent is where the geopolitical risk is and IMO this risk is undervalued now.
-The current level is the previous july and september highs( hopefully turned support ).
-Seasonality.