And there it is, ladies and gents. The CME knows that NG volatility is about to die. Only three weeks left now according to them, as can be witnessed by the massive performance bond drops. https://www.cmegroup.com/notices/clearing/2019/02/Chadv19-047R.xlsx They saw the increase coming months ago, before the optionsellers.com debacle. Now they see it flitting away. Fascinating.
strange ... my broker increased initial margin from around $4k plus to > $5k plus sigh ... day range has gone down from peak of 900 ticks to ~ 70 ticks. soon it might be as low as 50 ticks.
Well, the best thing to watch for will be disruptions like hurricanes, winter storms or pipeline explosions. Anything that messes with supply will be helpful for volatility going forward.
Warm weather has taken the bid out of heating oil, too. Natural Gas heating and power generation off as well due to the mild temperatures.