Do you think it is actually possible to get a bullish surprise tomorrow at the storage report? IMO at those price levels, it's highly unlikely.
The other half @ 0.416. This engulfing candlestick on H/J made me close. Historically, those volatile swings go down as fast so I didn't want to lost it all.
Jeez, NG just dropped about 20% from yesterday's peak. Nearly 1,000 ticks. What was that all about? I don't think I ever had to use such a huge unirenko bar size to be able to see NG in a day. A 60 tick range with 15 tick step? Just nuts!!! (And yesterday looks like it was nuts too. Wonder if this has anything to do with the Merrimack Valley cra-cra a few months ago? Seems unlikely, as I figure that's a local demand issue.)
Sorry. I didn't see your question at the time . For this one, I would say discretion. Check a few pages earlier what I was thinking about NG. This setup was perfect because I was correcting a little mispricing on F/G and getting long the widowmaker...The conjunction of both was too appealing.
I had some clients take a huge chunk out of a 2019-2020 Crude Oil Futures Condor. Had it on for only like 12 calendar days or so. Impressive.
Do you think what we have seen on the NG front curve can propagate to next summer or storage will be replenished next spring? So far only the winter spreads have moved.
Yeah we haven't done much with NG to date - everthing's been in CL. We usually get some good entries in the Jan/Feb timeframe for the Summer. Usually.
The past week has been really good for me. Perhaps one of the top 3 weeks in my life P&L wise. Scalping,long the widowmaker with my double fly, short a bunch of CL spreads... Sometimes it happens... You just make money day after day, and then today came, and reality was back...LOL