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Trading natural gas futures


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Trading natural gas futures

  #61 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
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SMCJB View Post
NYMEX putting up NG margins $300 effective after the close of business on November 07, 2018


SMCJB View Post
And another $200 effective after the close of business on 11/12/2018.

And another $350 ($450 for March) effective after the close of business on 11/14/2018.
Winter, or at least the fear of the cold, is rising!

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  #62 (permalink)
 jokertrader 
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Well I traded NG last few days and what a beast?


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  #63 (permalink)
 
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 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
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Frequency: Many times daily
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At one point this morning Z traded 4.929 which was +0.828 or +20.2%

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  #64 (permalink)
 
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 mattz   is a Vendor
 
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Latest message

"Effective Wednesday, November 14, 2018 for trade date November 15, 2018, the special price fluctuation limits (circuit breakers) for the CME Henry Hub Natural Gas Futures Contract (NG) and all associated products will be increased from 30 cents to 50 cents."

Thank you,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #65 (permalink)
 jokertrader 
NYC, NY
 
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Wow 50 cents ha ha 5k per contract


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  #66 (permalink)
 
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 SMCJB 
Houston TX
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If you were long 1 NGZ8 and short 1 BTCX8 your would be up $10k today on a 1 lot spread!

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  #67 (permalink)
 
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SMCJB View Post
If you were long 1 NGZ8 and short 1 BTCX8 your would be up $10k today on a 1 lot spread!

BTC as in Bitcoin? Interesting spread. :-)

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #68 (permalink)
 
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 SMCJB 
Houston TX
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Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
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Yeah Bitcoin was down 1055 at one point

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  #69 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,388
Thanks Received: 10,207


mattz View Post
Latest message

"Effective Wednesday, November 14, 2018 for trade date November 15, 2018, the special price fluctuation limits (circuit breakers) for the CME Henry Hub Natural Gas Futures Contract (NG) and all associated products will be increased from 30 cents to 50 cents."

Thank you,
Matt Z
Optimus Futures

Thanks Matt. Full announcement can be found here. So circuit breakers for NG today are 50c (already hit) then $1, then $1.50 then $2. Of course they are mostly pointless when the spreads still trade! For example earlier in the week when NGH9 was limit up, I was still able to buy NGH9 above the circuit break price by buying NGG9 and then selling the G9/H9 spread.

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  #70 (permalink)
 
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SMCJB View Post
Thanks Matt. Full announcement can be found here. So circuit breakers for NG today are 50c (already hit) then $1, then $1.50 then $2. Of course they are mostly pointless when the spreads still trade! For example earlier in the week when NGH9 was limit up, I was still able to buy NGH9 above the circuit break price by buying NGG9 and then selling the G9/H9 spread.

It is clear that you have above average knowledge when it comes to Energy products. So what I saying here is mostly for the community and not to educate you.

The spreads in intra-commodities in the last few weeks has posed risk, in my opinion, higher than a simple outright position. We saw spreads going in complete and opposite directions on a number of sessions. Those who are in the business of selling Options on energies saw how many sessions a market can go against you without stop, and then have a huge drop to top it all off. These are tough markets to navigate at times, so the use of leverage and risk management should be the top priority for all in this sectors.

Thank you,
Matt Z
Optimus Futures

There is a substantial risk of loss in Futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
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