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Trading natural gas futures


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Trading natural gas futures

  #311 (permalink)
 HiLatencyTRDR HLT 
Midway florida
 
Posts: 462 since Dec 2018

Long side imo is the safer side

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  #312 (permalink)
Symple
Zuerich / Switzerland
 
Posts: 1,036 since Sep 2021
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@SMCJB

It looks like I didn't understand your posting yesterday the way you meant it. And yes, the situation here in Europe can be very upsetting, because what the politicians are doing in terms of energy supply is hard to bear.

"Insane" was therefore more thought in the context and not in relation to you as person. That' s where I expressed myself too little specifically and mixed everything somewhat in the small excitement.

If it should have happened nevertheless and I have stood with it on your feet, then I would like to apologize with you and hope that the thing is thus settled.

Notice @bobwest : I have taken note of your posting and therefore made this posting here

I wish all a pleasant day and good trading.

Symple

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  #313 (permalink)
 
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 SMCJB 
Houston TX
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NG margins going up yet again (3rd time in 7/8 days).
I think this is the highest they have been in recent history, even though prices are still well below recent highs.

NG Margin changes effective COB July 22nd, 2022

Maintenance margin's changing as follows (Note: Non-member initial margin rates will be 110% of these)

Tier 1 / Aug22 increasing from $10,300 to $11,300 +$1000
Tier 2-7 / Sep22-Feb23 increasing from $10,000 to $11,000 +$1000
Tier 8 / Mar23 increasing from $8000 to $8800 +$800
Tier 9 / Apr23 increasing from $4800 to $5300 +$500
...
Tier 15 / Oct23 increasing from $4000 to $4400 +$400
...
Tier 18 / Jan24 increasing from $3400 to $3600 +$200
...
Tier 21 / Apr24 unchanged at $2950

https://www.cmegroup.com/notices/clearing/2022/07/Chadv22-279.html

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  #314 (permalink)
 
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 SMCJB 
Houston TX
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Dollar range today in NatGas on the back of the Freeport LNG announcement

Freeport LNG Newsroom

TLDR :-
Freeport LNG continues to believe that it can complete the necessary corrective measures, along with the applicable repair and restoration activities, in order to resume initial operations in early October. Those initial operations are expected to consist of three liquefaction trains, two LNG storage tanks and one LNG loading dock, which the company believes will enable delivery of approximately 2 BCF per day of LNG, enough to support its existing long-term customer agreements.

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  #315 (permalink)
 
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 SMCJB 
Houston TX
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Reuters:- Freeport LNG retracts force majeure, widening losses for gas buyers - sources

https://www.reuters.com/business/energy/exclusive-freeport-lng-retracts-force-majeure-widening-losses-gas-buyers-sources-2022-08-10/

"The potential losses Freeport's offtakers may face... will probably be within the range of about $6-$8 billion, on a collective basis," said Tamir Druz, managing director at Capra Energy, an LNG consultancy.

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  #316 (permalink)
 
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 SMCJB 
Houston TX
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NG margins going up yet again!

NG Margin changes effective COB August 19th , 2022

Maintenance margin's changing as follows (Note: Non-member initial margin rates will be 110% of these)

Tier 1 / Sep22 increasing from $11,300 to $12,400 +$1100
Tier 2-6 / Ocy22-Feb23 increasing from $11,000 to $12,100 +$1100
Tier 7 / Mar23 increasing from $8800 to $9700 +$900
Tier 8 / Apr23 increasing from $5300 to $5850 +$550
...
Tier 14 / Oct23 increasing from $4400 to $4850 +$450
...
Tier 17 / Jan24 increasing from $3600 to $3650 +$50
...
Tier 20 / Apr24 unchanged at $2950

https://www.cmegroup.com/notices/clearing/2022/08/Chadv22-314.html

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  #317 (permalink)
 
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 SMCJB 
Houston TX
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FREEPORT LNG PROVIDES UPDATE ON RESTART TIMELINE FOR ITS LIQUEFACTION FACILITY

Freeport LNG Newsroom

Although typical construction risks could impact the recovery plan, it is anticipated that initial production can commence in early to mid-November, and ramp up to a sustained level of at least 2 BCF per day by the end of November, representing over 85% of the export capacity of the facility.

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  #318 (permalink)
 
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 SMCJB 
Houston TX
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From John Kemp's daily email. Sign up here


U.S. COOLING DEMAND since the start of the year has been around +11% higher than the long-term seasonal average (1981-2010) and +2% higher than the prior seven-year average (2015-2021). Higher-than-usual temperatures have contributed to pressure on electricity networks and put gas consumption by power generators on course for a record high this year:



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  #319 (permalink)
 
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 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
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Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
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Finally a margin decrease! (Prices are off almost 30% since the last increase)

NG Margin changes effective COB October 5th , 2022

Maintenance margin's changing as follows (Note: Non-member initial margin rates will be 110% of these)

Tier 1 / Nov22 decreasing from $12,400 to $10,500 -$1900
Tier 2-4 / Dec22-Feb23 decreasing from $12,100 to $10,300 -$1800
Tier 5 / Mar23 decreasing from $9700 to $8500 -$1200
Tier 6 / Apr23 decreasing from $5850 to $5000 -$850
...
Tier 12 / Oct23 decreasing from $4850 to $4200 -$650
...
Tier 15 / Jan24 unchanged at $3650

https://www.cmegroup.com/notices/clearing/2022/10/Chadv22-382.html

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  #320 (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: 5,041 since Dec 2013
Thanks Given: 4,375
Thanks Received: 10,192


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If I was Europe, or even New England USA, this chart would concern me... what happens if China goes back to normal?


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