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Search: Posts Made By: ron99
Forum: Commodities November 14th, 2021, 04:43 PM
Replies: 368
Views: 89,764
Posted By ron99
The one surprise is that even though LNG prices...

The one surprise is that even though LNG prices have skyrocketed this summer US LNG exports per day were higher in Mar-May than they were Jun-Oct.

Dec JKM contract....
Forum: Commodities November 14th, 2021, 04:35 PM
Replies: 368
Views: 89,764
Posted By ron99
33.6% of US LNG exports that landed in Oct went...

33.6% of US LNG exports that landed in Oct went to Europe. 43.2% went to Asia.


https://nexusfi.com/attachment.php?attachmentid=319579
...
Forum: Commodities November 13th, 2021, 03:43 PM
Replies: 368
Views: 89,764
Posted By ron99
Prior to 2016 the US exported almost no LNG. Thus...

Prior to 2016 the US exported almost no LNG. Thus Europe weather didn't matter then. Much easier to trade NG then.

With LNG exports now taking over 10% of US NG production, weather and demand in...
Forum: Commodities October 6th, 2021, 01:22 PM
Replies: 368
Views: 89,764
Posted By ron99
The problem with looking at the 5 year average is...

The problem with looking at the 5 year average is
1. It is too few number of years to be statistically significant.
2. The last 9 months of 2019 and all of 2020 Europe inventory are so atypical...
Forum: Commodities October 5th, 2021, 05:53 PM
Replies: 368
Views: 89,764
Posted By ron99
I think too many are making too much of the...

I think too many are making too much of the current Europe NG inventory levels. The sky high 2019/2020 winter Europe NG inventory levels is making expectations too high for what is needed.

Yes...
Forum: Commodities September 24th, 2021, 12:33 PM
Replies: 368
Views: 89,764
Posted By ron99
I don't recommend trading these but CME JKM...

I don't recommend trading these but CME JKM futures (LNG futures) has had its' margin increased to $48,000 a contract! :ahhhhh:
Forum: Commodities September 21st, 2021, 10:55 AM
Replies: 368
Views: 89,764
Posted By ron99
I do have to wonder about the data he used for...

I do have to wonder about the data he used for weather. It looks like he didn't use population weighted weather data. He said this,

https://nexusfi.com/attachment.php?attachmentid=317713

But...
Forum: Commodities September 21st, 2021, 10:34 AM
Replies: 368
Views: 89,764
Posted By ron99
Thanks. I love the Cordier photo....

Thanks.

I love the Cordier photo. :sarcastic:

KOLD is trading at 11.15 this morning. Last Friday when he wrote article it was 9.52.

What ways will others here use to get short NG.
Forum: Commodities July 6th, 2021, 09:07 AM
Replies: 368
Views: 89,764
Posted By ron99
Stick to your plan. Set a point to exit when you...

Stick to your plan. Set a point to exit when you enter the trade and don't exit until it hits that point.

On my seasonal trades I set a max loss of $4,000 each contract.
Forum: Commodities June 29th, 2021, 05:26 PM
Replies: 368
Views: 89,764
Posted By ron99
Margin increase is effective after close of...

Margin increase is effective after close of business on June 30. Or July 1.
Forum: Commodities June 14th, 2021, 03:47 PM
Replies: 368
Views: 89,764
Posted By ron99
US is exporting more LNG. Which contract?

US is exporting more LNG.

Which contract?
Forum: Commodities June 14th, 2021, 03:31 PM
Replies: 368
Views: 89,764
Posted By ron99
You shouldn't compare fall/winter NG futures...

You shouldn't compare fall/winter NG futures contracts' prices to summer NG contracts.

NG demand is higher in winter thus it will have higher prices than summer.
...
Forum: Commodities September 23rd, 2020, 02:31 PM
Replies: 368
Views: 89,764
Posted By ron99
NGv 1.80 put went from $30 to $840 to $100 in 10...

NGv 1.80 put went from $30 to $840 to $100 in 10 days. It expires in 2 days.

https://nexusfi.com/attachment.php?attachmentid=305235
Forum: Commodities January 22nd, 2020, 11:29 AM
Replies: 368
Views: 89,764
Posted By ron99
Here are 2019/2020 gwHDD running total from July...

Here are 2019/2020 gwHDD running total from July 1, 2019 to Jan 20, 2020. Long term avg (1980-2010) is 2,485. 2019/2020 is 2,303. That's a -182 DD difference....
Forum: Commodities January 21st, 2020, 12:07 PM
Replies: 368
Views: 89,764
Posted By ron99
He is using population weighted degree days. Much...

He is using population weighted degree days. Much more accurate would be gas weighted degree days.
Forum: Commodities April 4th, 2019, 09:34 AM
Replies: 368
Views: 89,764
Posted By ron99
That's effective at close of trading for today. ...

That's effective at close of trading for today.

Non-member rate is $1815. That's a drop of 10.8% for option margin for May.
Forum: Commodities February 25th, 2019, 06:02 PM
Replies: 368
Views: 89,764
Posted By ron99
Since this doesn't take effect until Feb 27, 2019...

Since this doesn't take effect until Feb 27, 2019 (after H9 is expired) you meant to say,
- J9 up to $1850 from $1550
- K9 unchanged at $1300
- M9 unchanged at $1100...
Forum: Commodities February 11th, 2019, 06:38 PM
Replies: 368
Views: 89,764
Posted By ron99
$850 is the drop for maintenance margin. It's...

$850 is the drop for maintenance margin. It's $935 for initial margin.
Forum: Commodities January 6th, 2019, 03:41 PM
Replies: 368
Views: 89,764
Posted By ron99
I have weekly EIA data charted here icluding...

I have weekly EIA data charted here icluding stocks of gasoline and heating oil (distillates)....
Forum: Commodities January 5th, 2019, 05:17 PM
Replies: 368
Views: 89,764
Posted By ron99
I had on RBf-HOf and RBk-HOk on. I took nice...

I had on RBf-HOf and RBk-HOk on. I took nice profit (+19k on 15 spreads) late Dec. Seasonal shows another rise from now to late Jan. Weather is above normal temps for at least 2 weeks. I may reenter...
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