Post by
Sunsurfer12 on Nov 28, 2022 1:40pm
Options overhang gone
Congrats everyone..we are now in the January 2023 contract which means the bulk of Arc's hedging has disappeared with only very limited/inconsequential hedging left.
Add to that a new polar vortex coming down, China opening sooner rather than later and we're standing on a great foudnation for 2023
https://www.zerohedge.com/weather/atmospheric-chess-pieces-align-polar-vortex-may-unleash-arctic-blast-far-deep-south
Comment by
Sunsurfer12 on Nov 28, 2022 6:32pm
In the FWIW column, had another twitter exchange with a westher forecaster and he confirmed starting dec 5 look for some really cold stuff coming way down into the US south/northeast.assume itll start being factored in to ng prices by end of week...hopefully...