Watch for possible short squeeze on NOV CL

[kxvid]

November 24th is the expiration. Anybody else think this might happen? I remember it happened once before in crude recently near expiration and there was a nice spike.

 

[Surdo]

Quote from kxvid:

November 24th is the expiration. Anybody else think this might happen? I remember it happened once before in crude recently near expiration and there was a nice spike.

Actually November CL has not traded since October 21st!

 

[auspiv]

Quote from Surdo:

Actually November CL has not traded since October 21st!

haha damn.. owned

but still, i hope we all (including op) know he means dec.

 

[kxvid]

Surdo, auspiv, your both wrong. Nov CL is tradeable and will be until expiration. Type in CLZ8 and you will see NOV CL is tradeable right now. Wouldn't make much sense if NOV CL isn't tradeable in NOVEMBER, would it!?

 

[UFC]

Quote from kxvid:

Surdo, auspiv, your both wrong. Nov CL is tradeable and will be until expiration. Type in CLZ8 and you will see NOV CL is tradeable right now. Wouldn't make much sense if NOV CL isn't tradeable in NOVEMBER, would it!?

WRONG! CLZ8 is December Crude Oil. Last trading day for Nov Crude Oil futures was Oct. 21.

 

[Surdo]

Quote from kxvid:

Surdo, auspiv, your both wrong. Nov CL is tradeable and will be until expiration. Type in CLZ8 and you will see NOV CL is tradeable right now. Wouldn't make much sense if NOV CL isn't tradeable in NOVEMBER, would it!?

kx:

Can you help me out here, my times and sales seem to be stuck since 10/21 on the November contract, do I have the wrong symbol....for some reason the charts also stopped...what am I doing wrong here?

sincerely,

el surdo

 

[thegazelle]

Wow, just speechless over here.

Aside from your blatant disregard for industry standard month codes, good luck finding a retail place thats A-OK with you trading on the last trading day. I sure as hell wouldn't let you if I ran a shop, since you can't even tell me what month Z is.

 

[kxvid]

You ppl were right. GODamd tinkorswim platform is compleatly fucked up.

 

[ogarbitrage]

Semantically - that's accurate. The Z (Dec) contract does expire in X (Nov), the 20th to be precise .

WRT the original topic: I doubt we will see another $30 move caused by a short squeeze. Plenty of people learned and/or got killed from the V contract that no one wants to be in that position again.

Just so this doesn't happen again, here's your calendar (in order). Write this down:

FGHJKMNQUVXZ

 

[Surdo]

Quote from kxvid:

You ppl were right. GODamd tinkorswim platform is compleatly fucked up.

Well, I am glad you finally admitted November expired, now lemme know when "The Short Squeeze" is going to be over so I can fade you again!