What's the NYMO/NYSI doing?
Posted Monday:
NYSI barely moved yesterday, NYMO can drop well below zero and price not move. Price is moving lower,
so I want to see how much NYSI moved down after the close. I'm not trading short term, though I would have been better to add to my hedge more than 1 contract yesterday morning. Currently about 80% long, 8% short, 12% cash,
though I added 1 contract long this morning for Nasdaq at 2814 ES, New lows below 2200 should put
me back to about breakeven cash position when I close the shorts out.
Edited by CLK, 13 May 2020 - 11:53 AM.