I am finally going to get paid on the short side of these CL spreads today. I've been accumulating Oct-Dec gradually over the past few weeks...
Been getting out of my short Sep-Nov today. Average price on the buyback about -1.08. 0.18 cents per spread. How bout that build!
Painful API report... Should be an interesting day tomorrow. Market is WEAK right now.
Based on what just came out of the DOE report three hours ago :)
I'm short Sep-Nov a bunch of times at -0.90. I put fair value somewhere around minus 1.30-1.40. We shall see
Out of whole position at -1.51. approx. 40 cents per spread...Covering into today's weakness...
Easing into the short side again at -1.06...
I took my position off today at with a 0.20 cent loss ...this thing just isn't doing what I thought it would do and I don't have a good feeling...
I'm not a technician, so I don't really do chart patterns, etc. I am a fundamentals guy all the way. Spreads are nice because they more...
Based on the variables that I've identified that correlate most strongly with front spread movement (beyond the obvious such Cushing stock levels,...
New to the board, enjoy the CL discussions. Thought I'd start a thread devoted entirely to trading CL spreads much like the nat spreads thread...
Separate names with a comma.