#Contango

The Junior Advisors

1/With all of the news surrounding #Crude oil and #USO trading at all time lows, we find it urgent to explain why now is NOT the time to purchase this

Also just anecdotally from my contango experience: all market participants, be it traders, tank owners, wholesale end users or railcar guys know exactly where the carry spread/contango is; you won't

JPMorgan is finally awakened to the #BTC contango trade & issued a report on it!TLDR: #BTC 's contango will drive institutions to buy BTC, reducing its supply and creating

1) Due to recent events in the oil futures market, I thought it could be a good idea to explain what roll yield is and why knowing where the price

Frontline Llama

The original tanker thesis was:For crude, tonne (barrels) and mile (Western hemisphere production, including shale) growth.For products, IMO 2020 shuffle.Low and constrained vessel supply. The current thesis is:COVID-19 global lock-down

Gather round children I’m about to explain what is likely going on with otc desks and how it’s persisting this futures funding bias and general curvature malaise. OTC desks hedge

Some ways to gauge sentiment in Bitcoin market.1. Futures basis. 2. Perp swap funding. 3. Options skew. 4. Options order flow. 1/n Futures basis = futures price - spot price.Positive

🟠Dylan-BTCization🟠

8. A risk factor worth considering, however, is that it would also make basis trading much more efficient and attractive at current pricing, particularly if those ETFs can be purchased

This is unreal. $CL vs $ES Like a rubber band stretched so thin it's transparent. $SPY $USO #CL Crude Oil -- Epic $10 Contango (Difference in front vs back month).

Inquisitive Investor

QuisitiveInvest

Newsflash: Buying $USO is *NOT* buying crude oil at $5 per barrel.Buying $USO is buying a ton of June oil at $25/bbl.... When on May 5 thru 8th, they will

1/3: Thoughts on #tankers, when lock downs slowly ease, it's not uniform. So demand slowly comes back in pockets, and each refinery is optimally configured only for specific crude grades.

Gregory Vousvounis

According to @PotenPartners today we have an uptick in LR2 and LR1 rates while MRs remain very strong. $STNG MRs are coming down but LRs continue to tick up. Let's

Calculation of OPEC+ cuts on Feb for OPEC, Jan for non-OPEC, assuming Mexico goes along So Saudi + Russia egos satisfied by same reference level and % cut; but Saudi's

🟠Dylan-BTCization🟠

JPMorgan just released a report titled: "Why is the Bitcoin futures curve so steep?"The big banks are eyeing Bitcoin's contangoHere are some of the highlights: Thread/ 1. "As has often

Otavio (Tavi) Costa

This is oil YTD folks…Absolutely destroyed. It’s hard not to buy some at these levels. Let me elaborate on the bull case. WTI futures were at record contango just 2

"Make 25%+ yield risk-free by trading Bitcoin futures!"Is this free money??In this thread:- How commodities futures work- What's unique about Bitcoin as a commodity?- "Why doesn't everyone do this??"Here's ho