Most of them are garbage tbh. Like USO for example. The way they manage their exposure isn't loaded how most people expect. A lot of people buy into them especially when there's big price moves but they don't understand that they are priced over multiple months. Before you buy into any of them, you need to read what they are actually made up of and understand how they are managed. Most of them just make money for the ETF managers. You would be better off to be like 52-80 and just buy some long term dated contracts or options.
I would check with Interactive Brokers and see if they let you trade the full strip through Feb 2032 (I think that's the last priced month). I don't know anyone who tried to trade anything other than front month or 2nd or 3rd month. I assume you know this but the further out you get especially for the crude futures the less liquid they are so the price won't move as much. If you want, go crazy and buy a bunch of 2032s just realize you might not be able to move them anytime soon.
You can trade them on Interactive Brokers. I know some people who did it when prices when near inverse in 2020 for 2nd month instead of front month (the month where delivery actually went inverse). I think a friend of mine made $40k. He nearly had to take delivery on the front month barrels. I think it did wear down his P&L quite a bit. I think interactive brokers has higher margin requirements but if you are trading them individually its the only way I would go.
On 24/7's Late Kick Cut, I think Josh Pate said commitments for the month of June 2021 compared to the prior 2 years were down 66%. Apparently the Covid seniors have thrown peoples depth charts out of wack and a lot of schools are planning on taking smaller classes than usual.
Just watched the highlights. Most entertaining race all season. Congrats to Sergio, Gasly, and Vettel. Vettel just became the first to get a podium for Aston Martin that was awesome!
https://www.marketwatch.com/amp/story/u-s-gasoline-demand-may-hit-a-record-this-summer-gasbuddy-11622223671
Felt like I needed to bring us back on topic with this thread. I haven't seen very much on Jet-A demand or diesel recently. I assume diesel is following gasoline closely but is Jet-A demand this summer still down significantly or is the gap continuing to be closed?
If they play these games in Texas, I am so buying tickets. I already hit up my Brazilian and Columbian coworkers and all of them are going to go if any of these games end up in Texas or anywhere in the US.
What's yalls take on Trump's Property? The price point seems great but its a bit far from everything and there's no casino but Wynn and Treasure Island are a block away.
People did walk out. Some people in my section did. On the field level a couple PhDs and Masters students walked out too. I couldn't see anything else. I made sure to sing the Eyes like its my last time ever in DKR.
I have commencement this Saturday because I'm graduating and I saw this. No one is going to think people are walking out in protest. Most people are just going to assume its because they want to get out before the sea of people leaving DKR.
I just booked flights for a trip in late July. Anyone seen in good golf or food-room packages that they thought was a good deal or just any good specials for accommodations?