V, I think. But remember that they have some lag time on their quotes, and as fast as it's moving, it sometimes doesn't jive.
took those idiots an hour to realize it was not legit, but a front month squeeze god help anyone short that
I understand a short squeeze in stocks because shares can be called in and the market has a general upwards bias. I don't see how you get a squeeze in crude, even as it expires. I'm not arguing -- I just don't get why/how it would happen. Can you explain? Thanks. SSB
Isnt it because the short sellers have got stung? The short sellers had to close their positions today , else they would have to start physically delivering 1,000 barrels of oil for each contract. Therefore they were left with no option but to buy to close their october contracts... hence the spike in prices only in the October contract...