Severe contango on MGC - futures io
futures io



Severe contango on MGC


Discussion in Emini and Emicro Index

Updated
    1. trending_up 882 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 1 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Severe contango on MGC

(login for full post details)
  #1 (permalink)
Davigan
Portland
 
 
Posts: 1 since May 2020
Thanks: 1 given, 0 received

I don't understand why the Aug Micro Gold Futures contract is ~$20 higher than the June contract. Is it simply a matter or supply / demand? Is it low volume on the Aug contract that gives the appearance of a big delta that's actually not real? I would expect some contango, but this much?

Reply With Quote

Journal Challenge April 2021 results (now extended!):
Competing for $1800 in prizes from Jigsaw
looks_oneMaking a Living with the Microsby sstheo
(602 thanks from 60 posts)
looks_twoSalao's Journalby Salao
(147 thanks from 26 posts)
looks_3Learning to Profit - A journey in algorithms and optionsby Syntax
(112 thanks from 26 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(94 thanks from 30 posts)
looks_5Maybe a little bit different journalby Malykubo
(46 thanks from 29 posts)
 
Best Threads (Most Thanked)
in the last 7 days on futures io
I finally blew up an account
524 thanks
The Crude Dude Oil Trading System
72 thanks
Spoo-nalysis ES e-mini futures S&P 500
63 thanks
The tiyfTradePlanFactory indicator
25 thanks
Building a Crypto Mining Rig
18 thanks
 
(login for full post details)
  #2 (permalink)
 SMCJB 
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: Trading Technologies
Broker: Primary Advantage Futures. Also ED&F and Tradestation
Trading: Primarily Energy but also a little GE, GC, SI & Bitcoin
 
Posts: 4,089 since Dec 2013
Thanks: 3,401 given, 8,095 received

Both Jun/Jul and Jul/Aug are worth around $10 so yes Jun/Aug appears to be $20.
No idea why

Reply With Quote
The following user says Thank You to SMCJB for this post:


futures io Trading Community Traders Hideout Emini and Emicro Index > Severe contango on MGC


Last Updated on May 27, 2020


Upcoming Webinars and Events

NinjaTrader Indicator Challenge!

Ongoing

Journal Challenge w/$1,800 in prizes!

May 7

The Cold Hard Truth: Maybe I Am Not Good Enough w/Chris Gray @ Earn2Trade

Elite only
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts