Selling spread WTI-GAS

22 janv. 2020

Hi.
Maybe you'll find it useful. What we see is a price movement in last 5 years. In my opinion(hope you see it too) spread between prices is close to extreme readings so i'm looking to sell it. You can convert barrel to BTU and compare prices, but let's keep it simple for now. Strategy is also simple. Sell WTI and buy Gas. Considering my longs on WTI it seems legit. It's true, the winter is "hot", but will it remain like that for long?
Tell me what you think oi comments below

22 janv. 2020

Note

Answering PM:
We'll make profit if:
1. Price of WTI rising slower than price of GAS(Gas price rising also)
2. Price of WTI falling faster than price of GAS(Gas price falling also)
3. Price of WTI falling and price of GAS rising

22 janv. 2020

Note

for reference

23 janv. 2020

Trade fermée: cible de profit atteinte

Trade closed. +5.5% and it saved my.....still have longs on WTI