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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (53227)3/1/2022 12:53:23 PM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Respond to of 98327
 
SCO doesn't map to WTIC. It maps to an index of WTIC which is roughly and equal weighted slice of the next 6 - 9 months contracts. So it is possible for one to go down while the other goes up.

As far as I know, there are no spot oil contracts (maybe USO/SSO? but those guys are too opaque). You can try to play NRGU/NRGD which is pretty close to spot but is really a take at XOP+XES.



To: ajtj99 who wrote (53227)3/1/2022 2:36:59 PM
From: bull_dozer1 Recommendation

Recommended By
ajtj99

  Read Replies (2) | Respond to of 98327
 
Thank you. Now since I have asked, watch crude go towards $150. <G>