My energy trades

Especially this year with IMO 2020 and the global distillate tightness, but for real, I think I have never traded it directly. IMHO the oil products landscape will be reshaped and historical seasonalities, extremes(... )won't be relevant in the future . Refineries have will have to readapt and oil products output will be altered for good because of this rule. But on the other end, diesel for cars is getting rare, even in europe, so it 's hard to predict...
 
Hello my dear anonymous friends.. I am interested in experimenting with the /CL spreads and thinking about placing the F/G/H fly for -0.35 (cr). Commission on TOS are a bit high, but with PM, the buying power reduction is minimal. What say you? Any criticism is welcome, but please refrain from personal name calling I am a sensitive fellow.......:>)
upload_2019-11-24_19-33-12.png
 
I believe you are talking about options, so hard to tell without knowing the strikes. Futures fly has a seasonal tendency to go lower into expiration.
 
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...;)
 
TraDaToR said:
I believe you are talking about options, so hard to tell without knowing the strikes. Futures fly has a seasonal tendency to go lower into expiration.
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No, no options are involved -/ just straight futures spread +1/CLF20-2/CLG20+/CLH20 (As is showing in the chart... )
 
jokertrader said:
Stan do u do any correlation/regression to identify these? Looks like I got it quite at the bottom
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It is the same spot /CL but with/for different Settlements periods(with price differences reflective of ‘time’ or season variations)..
 
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