Discover and read the best of Twitter Threads about #Contango
Most recents (9)
Qui le mie considerazioni sulle potenziali misure relative al price cap! Grazie a #rienergia #staffettaonline per avermi invitato! rienergia.staffettaonline.com/articolo/35095… #natgas #ttf #henryhub 
Considerazioni di natura teorica, di microstruttura dei mercati, di relazioni mercati fisici/finanziari, di applicabilità dello stesso…#ttf #pricecap #henryhub #futures #curvaforward #contango #backwardation #lng #gas #naturalgas #cap #nopricecap
@CarloStagnaro @ominodellaluce @ominodelgas @SimoBenedettini @degiorgiod @Fab_True_Enough @durezzadelviver @cla_squeglia @I_Faiella @GennaroSenatore @SilviaBerzoni @MNicolazzi pareri e critiche benvenute..
Hello St. Patrick's Day! 🍀🍀
Emerging market equities, commodities, and currencies are 🍻 the 🕊️🕊️ that are PE Powell and the #FOMC
Let #inflation 🏃
Let's dig into the 🧮!
Emerging market equities, commodities, and currencies are 🍻 the 🕊️🕊️ that are PE Powell and the #FOMC
Let #inflation 🏃
Let's dig into the 🧮!
Asia 🚀 for a 2nd day 🍀🍀
$NIKK 26653 +3.45%
$SSEC 32115 +1.4%
$TWII 17448 +3.0%
$HSI 21501 +7.05% ⬅️
$KOSPI 2695 +1.35%
$IDX 6964 -0.4%
Australia ↗️🍀
$ASX 8251 +1.05%
India ↗️🍀
$BSE 57954 +2.0%
$NIKK 26653 +3.45%
$SSEC 32115 +1.4%
$TWII 17448 +3.0%
$HSI 21501 +7.05% ⬅️
$KOSPI 2695 +1.35%
$IDX 6964 -0.4%
Australia ↗️🍀
$ASX 8251 +1.05%
India ↗️🍀
$BSE 57954 +2.0%
Europe a little more subdued but mostly ↗️
$DAX 14410 -0.2%
$FTSE 7305 +0.15%
$CAC 6596 +0.1%
$AEX 707 +0.45%
$IBEX 6410 +0.45%
$MIB 24222 -0.2%
$SMI 11940 +0.35%
$MOEX 🪆💥
$VSTOXX 36.01 🔻🍀
$DAX 14410 -0.2%
$FTSE 7305 +0.15%
$CAC 6596 +0.1%
$AEX 707 +0.45%
$IBEX 6410 +0.45%
$MIB 24222 -0.2%
$SMI 11940 +0.35%
$MOEX 🪆💥
$VSTOXX 36.01 🔻🍀
1/ Ever wonder how Commodities melt up in price? Or How prices of #Gold and #Silver blowout between New York and London? #LME
Please retweet to help others learn.
Please retweet to help others learn.
2/ For many buying physical #preciousmetals, the London price is the primary market for pricing transactions. Although the New York Commodity Exchange (#COMEX) is widely reported and publicly available, this is a derivatives market
3/ How these markets differ can be defined by their users. London’s market provides a pricing mechanism for the physical investor, producer, user, fabricator, etc around the world. The Comex was designed as a hedging market.
"Bitcoin vadelileri neden %40'lara ulaşan yıllıklandırılmış vade farkı içeriyor? Ne olursa bu gariplik düzelir?" konulu bir rapor yazan JPM, <bu faizler hiçbir ülkede yok> derken "TL istisna..." diye eklemeden edememiş 🤦🏻♂️🙂
SEC onayı bekleyen ETF'lerin gelmesi, hem faiz hem de basis arbitrajlarını hızla düşürür ve fiyatlamalar da etkinleşir... diye bitirmiş.
Şuradan:
Şuradan:
Geçen bir tweet vardı; #contango ile #backwardation'ın farkını kaç yılda içselleştirdiniz diye 😂 BTC'de kronik bir contango var diye hatırlayalım (vadeli fiyat çok yüksek)
Aynı konuya şurada da değinilmiş:
coindesk.com/traders-opting…
Aynı konuya şurada da değinilmiş:
coindesk.com/traders-opting…
VIX Nisandan beri ilk kez 40'ı geçmiş bugün. Üstüne ajans haber yapmış: 2014'ten beri kapalı olan mini-VIX vadelisi tekrar piyasaya sürülüyormuş. nam bu ürün, profesyonel VIX kontratı gibi $1000 yerine $100 çarpanıyla işlem görecek. Az detay verelim.
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
VIX'in bir "hisse oynaklık endeksi" olduğunu, çok yükseldiğinde "piyasada kan kokusu alındığını" borsaseverler bilir. 2008'de mekanda olmayanlar geçen Mart'ta VIX rekorlarıyla öğrendi 😌 Hesabı azcık meşakkatli olup, matematikten geçinenlere white paperı:
cboe.com/micro/vix/vixw…
cboe.com/micro/vix/vixw…
İşbu "spot VIX" kendi başına alınıp satılan bir meret değil; türev ürünleri (opsiyon ve vadelileri) var. Siz S&P'de oynaklığın çok artacağını düşünüyorsanız, VIX'te "uzun poz"a yatıp bekliyorsunuz. Pro versiyonunda her 1 puanlık değişim $1.000 kar/zarar demek. Mini-VIX'te $100.
VIDEO: US Coast Guard says it’s keeping an eye on 27 oil tankers anchored off the coast of Southern California. Another great example of floating storage build-up as demand for oil and refined products plunge | #OOTT #Contango video via @USCGLosAngeles
ICYMI: With oil demand in freefall, traders are resorting like never before to using the world’s fleet of supertankers as temporary floating storage facilities, filling them with unsold barrels until better times | #OOTT with @alexlongley1 (from April 4) bloomberg.com/news/articles/…
ICYMI: Oil refiners are hunting for vessels to store gasoline that nobody is buying, sending freight rates sharply higher, an indication that the global refining system is fast approaching a breaking point | #OOTT with @JWittels and @firatkayakiran bloomberg.com/news/articles/…
#ConfinementUtile : Je reprends la suite de mon explication sur la structure de prix à terme sur les marchés de matières premières. Hier, nous avons vu la notion de #contango . Pour ceux qui l'auraient raté c'est ici
👇👇
👇👇
Nous allons aujourd'hui parler de la Backwardation. Mais avant cela, qq précisions s'imposent...
Nous avons donc vu hier que
Prix à terme= prix comptant + Gf + coût de stockage
En temps normal, le prix à terme est donc > prix comptant.
Dans notre exemple...
Nous avons donc vu hier que
Prix à terme= prix comptant + Gf + coût de stockage
En temps normal, le prix à terme est donc > prix comptant.
Dans notre exemple...
Le prix comptant était de 22$ et le prix à 1 an était de 31$. Chaque jour qui passe, la durée de stockage restante diminue, et la durée du placement financier diminue elle aussi. Donc le prix à terme converge tous les jours un peu plus vers le prix comptant...
#ConfinementUtile : j'en avais parlé cette semaine, le pétrole est en super #contango . Thread pour expliquer ce terme, dont la compréhension est indispensable pour intervenir sur les matières premières...
Les marchés financiers sont censés être efficients. Aussi, s'il existe plusieurs façons d'acheter un actif, le prix de ces différentes solutions doit être identique. C'est simple : si une méthode propose un prix + intéressant, tout le monde va y recourir...
... Jusqu'au moment où son prix va monter pour égaler le prix de l'autre solution... Ok. Donc, sur les matières premières, on a 2 façons d'acheter : soit au comptant (matière première physique), soit à terme. Acheter à terme doit donc coûter la même chose qu'acheter comptant...
So here is why we bought some call options in Euronav & Frontline. I know, crazy when the VIX is near record highs to buy anything. Let us explain regardless...
#tankers #shipping @hkuppy
#tankers #shipping @hkuppy
Last year's bullish thesis on tankers was driven mainly by the US become net-seaborne exporter, driving ton mile as marginal barrels needed to travel more. We remained sceptical of that wisdom given our bearish view on US Shale. That thesis is now all but off the table. But...
With unrestrained production arriving in April after the breakdown of the OPEC+ alliance, along with lower global demand due to the coronavirus (COVID-19) outbreak, EA crude balance now shows stockbuilds of 355 mb from March to June! Wow.
