/biz/ - Business & Finance

>>53900721
I don't do options so either I shave off some BOIL or just have KOLD overnight that I dump in the morning after the overnight weather models get digested depending on how confident I am of a potential drop before the next day's open.

>>53900697
I don't trade futures---I try to follow commodity history. And yes they do follow seasonality. The current geopolitical headline only a sentiment boost that amplifies or diminishes the effect. But supply-demand is all that matters in the end so exaggerations will get corrected.

I told ppl to go long in BOIL when it dropped to 5.5/share two weeks ago. ~5/share was my target and you could see on the Crude Oil to Natty Gas ratio that it's overextended. It should trend between 10-24