Looks like there was a ton of uncertainty/fear/volatility in NG earlier this AM. I always compare theoretical prices to actual bid/ask. An hour ago, the bid/ask prices were way above theoretical prices. Now they are much closer. Although I hate being on the wrong side of all this, it is interesting to follow what to me looks like fear in the market.
If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Broker/Data: Deep Discount Trading/Rithmic,DeCarley/Gain
Favorite Futures: Future Options
Posts: 35 since Sep 2012
Thanks: 46 given,
Absolutely KD, markets up 5c and people are hitting the offer on things like H4 6C at .054. double yesterdays price which equates to ridiculous delta for an option 37% out of the money, just crazy. I wish that was my offer that got hit.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.