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It is interesting to note that the NGN-NGJ spread never had its Best Equity Amount between 10th of February and 1st of March in the most recent 15 years. As in 2018 the best equity amount did not occur before the 11th of February, I intend to stay in the trade for some more time.
I traded the GOU18-GOZ18 spread recently, opening on 12-Jul and closing on 13-Aug, capturing a 7 point move. The seasonailty
chart at this time of the year looks good.
The spread had a low margin of around $260/contract, giving a very healthy rate of return.
Apologies for the late reply. No, I'm not a scalper, but more a "few days to a few months" holder of trades. Personally,
I like trades that have a life-span of about a month.
NG
Given the recent spike, I see that some of the NG calendar spreads are looking interesting. This week, I opened the
NGZ8-NGK9 spread, which should come down in value over the next month from a technical and seasonal point of view. Will need to keep a close eye on fundamentals of course.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
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Yes you will. Watch the long term weather forecasts! NG is a different animal than it was 10-15 years ago when March-April would go to some really crazy prices, but this is still a very asymmetrical trade.
