Hey Ricardo - you're really strapping on the correlation / relative value trades!
For me, this is the first day of a bounce in NQ - meaning this was the first day it led. I like giving it a few days before I fade the strength, so I am waiting still.
What I am really hoping for is a 20% rip higher in ARKK. I'm no longer short and ev…
Hey Ricardo - you're really strapping on the correlation / relative value trades!
For me, this is the first day of a bounce in NQ - meaning this was the first day it led. I like giving it a few days before I fade the strength, so I am waiting still.
What I am really hoping for is a 20% rip higher in ARKK. I'm no longer short and everyone seems to be leaning on it. I think that thing could explode (but don't get me wrong, a year from now it's going to get halved again I think).
How far out are you going in CL? The really far-dated stuff has got a wide bid/ask and it doesn't move. Are you just talking this Christmas? Or like Dec 2023?
Hey Kev - lol, not strapping on in size yet but looking to initiate position before CPI tomorrow since I believe there’s some potential for upside surprise. Too tempting. For CL, I mostly like Dec 2023 but sometimes also 2024 if holding longer term
I am going to do some work on the correlations with those longer-term CL contracts. I am just straight out long and letting them cook. I never thought about trading them. You might have unleashed a madman now! :)
Hey Ricardo - you're really strapping on the correlation / relative value trades!
For me, this is the first day of a bounce in NQ - meaning this was the first day it led. I like giving it a few days before I fade the strength, so I am waiting still.
What I am really hoping for is a 20% rip higher in ARKK. I'm no longer short and everyone seems to be leaning on it. I think that thing could explode (but don't get me wrong, a year from now it's going to get halved again I think).
How far out are you going in CL? The really far-dated stuff has got a wide bid/ask and it doesn't move. Are you just talking this Christmas? Or like Dec 2023?
Hey Kev - lol, not strapping on in size yet but looking to initiate position before CPI tomorrow since I believe there’s some potential for upside surprise. Too tempting. For CL, I mostly like Dec 2023 but sometimes also 2024 if holding longer term
I am going to do some work on the correlations with those longer-term CL contracts. I am just straight out long and letting them cook. I never thought about trading them. You might have unleashed a madman now! :)
Thanks! Have a great night,
Kev