NexusFi: Find Your Edge


Home Menu

 





The Natural Gas Roller Coaster. Jan 16th 14.2% tradeable range


Discussion in Commodities

Updated
      Top Posters
    1. looks_one SMCJB with 26 posts (14 thanks)
    2. looks_two ron99 with 22 posts (5 thanks)
    3. looks_3 CafeGrande with 13 posts (6 thanks)
    4. looks_4 Alphachase with 10 posts (1 thanks)
      Best Posters
    1. looks_one liquidcci with 0.7 thanks per post
    2. looks_two SMCJB with 0.5 thanks per post
    3. looks_3 CafeGrande with 0.5 thanks per post
    4. looks_4 ron99 with 0.2 thanks per post
    1. trending_up 23,047 views
    2. thumb_up 36 thanks given
    3. group 18 followers
    1. forum 95 posts
    2. attach_file 20 attachments




 
Search this Thread

The Natural Gas Roller Coaster. Jan 16th 14.2% tradeable range

(login for full post details)
  #11 (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.
Posts: 5,007 since Dec 2013
Thanks Given: 4,334
Thanks Received: 10,097

I assume Gross includes spreads and that Net doesnt

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZigZag displaying ticks
Platforms and Indicators
Volume profile TradeStation
EasyLanguage Programming
IQFeed MBO data experience
The Elite Circle
Request for MACD with option to use different MAs for fa …
NinjaTrader
Trader Dale [email protected] or Scammer Dale
Trading Reviews and Vendors
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
GFIs1 1 DAX trade per day journal
28 thanks
Supertradersams Thread Journal on NQ/MNQ
26 thanks
Tao te Trade: way of the WLD
16 thanks
Just another trading journal: PA, Wyckoff & Trends
12 thanks
1% Risk Journal
11 thanks

(login for full post details)
  #12 (permalink)
 ron99 
Cleveland, OH
 
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785


SMCJB View Post
I assume Gross includes spreads and that Net doesnt

Correct

Reply With Quote
(login for full post details)
  #13 (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.
Posts: 5,007 since Dec 2013
Thanks Given: 4,334
Thanks Received: 10,097


And this weeks chart...
NGG4 on Thursday 23rd January
5 moves between 2.5% and 5.5% in one day including 3 intra-day moves of 4% or greater.


Started this thread Reply With Quote
(login for full post details)
  #14 (permalink)
 ron99 
Cleveland, OH
 
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785

NG margin going up 10% on Monday.

Reply With Quote
(login for full post details)
  #15 (permalink)
 
liquidcci's Avatar
 liquidcci 
Austin, TX
 
Experience: Master
Platform: ninjatrader, r-trader
Trading: NQ, CL
Posts: 866 since Jun 2011
Thanks Given: 610
Thanks Received: 1,091

NG trending really well. It is trading like CL use to trade. Hope it keeps up for a while.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Reply With Quote
(login for full post details)
  #16 (permalink)
Alphachase
Nicosia, Cyprus
 
Posts: 191 since Dec 2013
Thanks Given: 28
Thanks Received: 106

New margins for NG contracts effective after the close of business on Monday Jan 27 - spec 3300/3000, NG vol scans also going up. 20% increase in maintenance margins just a day after 10% hike.

Reply With Quote
The following user says Thank You to Alphachase for this post:
(login for full post details)
  #17 (permalink)
CafeGrande
St Paul, MN, USA
 
Posts: 200 since Jan 2014
Thanks Given: 131
Thanks Received: 207

In one day, a 44.5% increase in Mar Natural Gas ATM implied volatility. An extreme move for sure and perhaps unprecedented.

FWIW, ATM IV in Feb doubled in a day (from about 46% to 106-108%, but that doesn't really count (unless you have a position). Feb options had only 4 DTE vs. 32 in Mar.

Attached Thumbnails
Click image for larger version

Name:	Crazy day in NGH$.PNG
Views:	286
Size:	22.8 KB
ID:	134760  
Reply With Quote
The following user says Thank You to CafeGrande for this post:
(login for full post details)
  #18 (permalink)
CafeGrande
St Paul, MN, USA
 
Posts: 200 since Jan 2014
Thanks Given: 131
Thanks Received: 207

Natural Gas ATM IV term structure (some people call it time skew) - constant maturity, American style exercise.

Data source: Ivolatility.com; chart: mine

Attached Thumbnails
Click image for larger version

Name:	nat gas term structure.PNG
Views:	173
Size:	14.3 KB
ID:	134761  
Reply With Quote
(login for full post details)
  #19 (permalink)
Alphachase
Nicosia, Cyprus
 
Posts: 191 since Dec 2013
Thanks Given: 28
Thanks Received: 106


CafeGrande View Post
FWIW, ATM IV in Feb doubled in a day (from about 46% to 106-108%, but that doesn't really count (unless you have a position). Feb options had only 4 DTE vs. 32 in Mar.


Hah, Feb 5.75 calls were most active Fri morning. Vols really get crazy (5.75 reached 153% on Fri), but call skew looks sell for me…

Reply With Quote
(login for full post details)
  #20 (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.
Posts: 5,007 since Dec 2013
Thanks Given: 4,334
Thanks Received: 10,097



CafeGrande View Post
Natural Gas ATM IV term structure (some people call it time skew) - constant maturity, American style exercise.

Data source: Ivolatility.com; chart: mine

Natural Gas Forward Price Curve, Last 2 Weeks...

Started this thread Reply With Quote





Last Updated on November 14, 2018


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts