Natty

Quote from Rtrader2525:

absolute bloodbath these last two days, spreads held up relatively though. Function of the artic freeze over a lot of the country im sure

can you explain what you mean by this?
 
ive watched natty drop 50 cents in two days, whereas H/J went from -.5 TO-.8. you mentioned v/x in an earlier post, it looks like it got whacked pretty good though.
 
Quote from scriabinop23:

Every draw of the season has been less than expected, and the worst of the winter is about to be over a week from now.

Ugly.

Absolutely incredible!
 
you are looking at the wrong spreads rtrader. hj is a dead issue at this point. the contango is widening further out the curve, in the last two weeks, v09/f10 has widened from .90 out as far as 1.40. hj is not the spd it used to be on the upside, and it has limits of how much it will widen in a bear market anyway.
 
you are right walt, it has done nothing since dec but slowly and surely widen it may have peaked at .-95 earlier this week or maybe not, i guess like anything time will tell. thanks for the heads up on the deffered spread. Take care
 
FP seems pretty hard to work right now with any expectation of getting done. The spreads in the back are barely moving, relative to front. Couple of my guys are telling me that most FP traders have moved to trading the options instead.

I think we'll see a 3-handle pretty soon.
 
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