Out @ -2.25 on a gut feel that now that oct is expired, Z/H will move freely and possibly go down again.:)
Out @ -15.3. We are getting too close to expiry on feed wheat.:)
Last 1/4 at 12.6. Best swing trade 2018 so far. The 1/4 liquidated last week was an error though.
Long ZL Z/F @ -0.22.
- The rally in energy may propagate to biodiesel and soyoil.
Out 1/4 again @ 10.525. I think this will be my best trade of the year. I took a good chunk of that bull move.
It's a feature of Seasonalgo forward curves. I guess they just do an average of the spread over x years and make the difference with the current...
I am wondering if we are not at the beginning of a new volatility era in natural gas :
- The deseasonalized curve is really bullish into mid'19,...
Short ZL May/Jul/Aug19 butterfly @-0.14.
- Curve too flat around those expiries
- High historical level
Out @ -11.75. Usual outcome for a usual trade.:D
Out@ -3827.6. Even if the level is still low, the delivery period and its volatility is getting too close. Still a little gain.
Are you talking about trading or corporates in general? VAT on capital gains( P&L)? Does that exist in some countries?
Out@ -1.2. Nice.
Does anyone understand why China's decision to tax US LNG had such a bullish push on NG spreads on Sep 18th? I am missing something...
Long MW Z18-H19 @ -14.75.
-Lack of high protien wheat around the world.
Separate names with a comma.