Hi All,
Nothing intended by this other than to track what happened to the two Ng conracts over time and the stocks report cycle without pulling up charts.
Began June 9 in an exchange with Ceejay. I had hoped to include comments/thoughts between updates but so far, I have not.
The goal is to learn something about this market, constructive comments appreciated and will be included.
thu 5pm close open current g/l date 110616
ng paper 4.83 4.446 -3849 ngn11 b
ng paper 4.88 4.508 -3729 ngu11 b
total -7578
thu 1.30 pm open current g/l date 110616
ng paper 4.83 4.425 -4059 ngn11 b
ng paper 4.88 4.487 -3939 ngu11 b
total -7998
wed 3.40pm open current g/l date 110615
ng paper 4.83 4.589 -2419 ngn11 b
ng paper 4.88 4.645 -2359 ngu11 b
total -4778
mon 1 pm open current g/l date 110613
ng paper 4.83 4.626 -2049 ngn11 b
ng paper 4.88 4.677 -2039 ngu11 b
total -4088
at fri close open current g/l date 110610
ng paper 4.83 4.757 -739 ngn11 b
ng paper 4.88 4.812 -689 ngu11 b
total -1428
Now, 2.07pm eastern, Friday date 110610
open current g/l
4.83 4.765 -659 ngn11 b
4.88 4.813 -679 ngu11 b
total -1338
Early Fri. am. date 110610
open current g/l
4.83 4.68 -1509 ngn11 b
4.88 4.732 -1489 ngu11 b
total -2998
Date: Thursday, 9 June 2011, at 8:00 a.m
update #2 at 8am et Thurs. before stocks report
open current g/l - open is last nights purchases
4.83 4.891 601 ngn11 b
4.88 4.938 571 ngu11 b
total 1172
Date: Thursday, 9 June 2011, at 12:21 a.m
Having followed Ng for several years and never figured it out, it remains in my "puzzle category" !!
If ever solved, one could make some decent money, else lose your piggy bank !!
I don't paper trade, but will here.
Long NGN11(July) at 4.83
Long NGU11(Sept) at 4.88