you dont trade by hope
jfc why is there still volume in the h contract
Why would somebody trade an illiquid month?Because today was LTD on the H contract.
Why would somebody trade an illiquid month?
yesterday day range - a massive 13%fantastic !
NG drops > 10% today.
With the increased volatility, several firms are really ramping up their staffing for trading NG.
Any prediction as to when CME will add a Micro NG? They are adding Micro Copper; I would guess a Micro Natural Gas is right around the corner, drawing in even more traders. Quite a few of whom will find out it can indeed be a Widow Maker without crafty risk management!
Investment bank TD Securities said it is beefing up its natural gas trading desk, while fund manager Balyasny Asset Management, pipeline operator Williams Companies and oil refiner Phillips 66 are beefing up or building gas trading, according to four people familiar with the matter.
https://www.reuters.com/business/en...and-revive-us-natural-gas-trading-2022-04-08/