InvestorsHub Logo
Replies to #5100 on 3rd Leg Trading

Myself °¿°

09/22/17 6:06 PM

#5101 RE: C C #5100

Cash -.16 @2.95

Myself °¿°

09/22/17 6:36 PM

#5102 RE: C C #5100

sat on a 11.54 bid all day that should have filled by now...
I'm watching the ask climb higher ext-hrs
when I saw cash @2.95 I canceled my add order

I think the market makers are playing games with ugaz ask in ext-hrs.
11.66 ask pfft
My order probably would have filled if I left it till 5 my time, 8 east as the mm's let it come back to normal.

sneaking suspicion /ngX7 will come down to 2.95 or lower next week "expiration"
+/- .06 more points to cash and also equals contango...
it all looks like a trick to me.
2.96 would be a penny over last cash price (/ng vs cash) momentum reset

I may be wrong but I think I'll wait till next week
I'm already under water. My add positions and amounts make a huge difference if I jump the gun too early.