Sep CL contract last traded @$79.82 5:00pm today. Next thing I know, closing price is $80.09, which last happened around 2:30p. Works for me as I'm long but WTF? Is it VWAP? Or is it some dude in Chicago pulling a price out of a dark place depending how his book looks like? Anybody knows the rules? TIA
%% Good; looked @ both of those. Same way sometimes with ETFs. I like the lower number, not because it going down as i note this. Or more distant contracts going down......... I like the lower number[more bearish, less price shocks]= more conservative. Rules are subject to change. [But i allow 1% slippage in any market, seldom disappointed on that LOL]