re: BOIL has become predictable

Kind of. It's trading on a lot of things, but with respect to this week's report, it is trading on the expected over/under of the projections, which are mostly around -95 to -104.

BOIL is again predicable. Predictably down. The one constant is that there is volatility around the EIA release sometimes starting Weds PM, sometimes Thursday AM, and extreme volatility until about 9:40 CST as the equity traders don't all have access to real time future's quotes, and are on a 10 minute delay. Some can see the release, like us, but the future's quotes are delayed by 10 minutes.

Between 9:00 - 9:40 Thursday is interesting viewing. Speculation, release and reaction, professional traders moving on real time futures, and last retail investors moving on 10 minute delayed futures.

I'm still out FWIW. Just watching and trying to learn.