Started By
Message

re: BOIL has become predictable

Posted on 6/5/14 at 8:12 am to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/5/14 at 8:12 am to
8500 contracts pre report.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/5/14 at 9:00 am to
Oh shite.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/5/14 at 9:11 am to
Bring the Action!

LINK
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/5/14 at 9:13 am to
So everyone can sing along like I am this morning.

Silver and natty gas baby!

LINK
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/5/14 at 9:31 am to
119. Buy, Buy, Buy, Buy.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 6/5/14 at 9:33 am to
So are you buying more? I'm seeing the July 19 puts dropped another cent.

Edit, they just went up.
This post was edited on 6/5/14 at 9:34 am
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/5/14 at 9:34 am to
I got in under the wire at .14 and .02. Immediately went to .18 and .03.

Over reaction.
Posted by TheBigHurt
Houston
Member since Feb 2010
2395 posts
Posted on 6/5/14 at 11:12 am to
119 bcf should be considered pretty strong right?
Posted by L S Usetheforce
Member since Jun 2004
23146 posts
Posted on 6/5/14 at 11:21 am to
the best they can possible get is 125.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/5/14 at 11:28 am to
I'm in another 200 puts. I need to quit, but this isn't making a lot of sense right now, and it seem like eventually things will become more in line with reality.
Posted by sneakytiger
Member since Oct 2007
2495 posts
Posted on 6/5/14 at 11:40 am to
Reality is running out of time!
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/5/14 at 11:40 am to
July is up .05, and now over .12 higher than spot prices.

Unbelievably crazy.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 6/5/14 at 1:12 pm to
You started buying the $24.00 July 19 puts?
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/5/14 at 6:03 pm to
Bizarro World.
Posted by I Love Bama
Alabama
Member since Nov 2007
38341 posts
Posted on 6/5/14 at 6:16 pm to
Cliff notes?
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/5/14 at 6:22 pm to
Very disconnect cash prices and futures prices. Futures contracts always settle at cash at expiry.

July is at $4.711, and yesterday's Henry Hub was at $4.57.

$4.50 seems to be a pivot point for my ongoing trade.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/6/14 at 4:54 pm to
Weird. I tried to buy UNG 23P today at .08, and kept baiting the seller by switching between .08 and .09.

So finally I decide the time premium is greater than the market value at .09, so what the heck. I bid .09, and the seller sells to someone else at .08.

I'm doing this on e-trade, level 2, and directing trades to CBOE and Philly.

I finally figured it out. I get on Interactive Brokers to see who the seller is, as I get some level 3 stuff there, which really isn't level 3 as that is only available to NASD members, but they call it level 3, and give us some of it. I can see the seller.

I have no idea what level 3 firms get for information, but if I didn't know better, I'd say this c o c k s u c k e r banker knew my open interest and was blocking me. Again, I have no idea if they get that information, but I was shaking my head. It seemed they intentionally sold at .08, when I was on level two as high bid at .09, and I was seeking the largest number of contracts, not on an aon basis either.

Weird. From now on I'm going to hide my order behind someone else.
Posted by rintintin
Life is Life
Member since Nov 2008
16737 posts
Posted on 6/7/14 at 8:17 am to
One of these days I'll know what the hell you're talking about.

Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/8/14 at 9:07 pm to
And the future's contracts open higher this evening. Huge surprise.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 6/9/14 at 6:02 am to
Cash settled at $4.65 Friday, and July is at $4.731 this morning.

I'm in a bear trap.
This post was edited on 6/9/14 at 6:06 am
Jump to page
Page First 20 21 22 23 24 ... 135
Jump to page
first pageprev pagePage 22 of 135Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram