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Re: weather Oct 31- Nov 7th/CeeJay
In Response To: weather Oct 31- Nov 7th ()

Hi CeeJay,
Thanks for the Wx update !!

I'm in "limbo" at the moment. LTD on Nov X contract is 10/27 and I could not open a position after tonight and seriously doubt that I would want to.

In round/appx. numbers at the moment, X is up about 20 cents from it's lows while Z and F are barely up, maybe a nickel.

Tne Nov. options expire in 3 days and by "eye" it looks like "maximum damage will result" if it closes slightly above 3.75, A bounce to this level is likely within reason as 3.777 was tagged on 10/17 and still less than the Z or F contract prices at the moment. So, I can see some electric utilities grabbing some for power gen while the price is still so low.

So, I'm very curious as to how this all plays out on X through expiration.

Will post some more later on CHK, production thoughts etc.

Thanks, Lee

Messages In This Thread

weather Oct 31- Nov 7th
Re: weather Oct 31- Nov 7th/CeeJay
Re: weather Oct 31- Nov 7th #2/CeeJay