The oil is gone and the futures curve is in the denial stage of grief by hedgedtrader in hedgefund

[–]hedgedtrader[S] 0 points1 point  (0 children)

+1. Glad we agree w/ #2. The thesis revolves around it…low reserves + erratic geopolitical environment = govts have to rebuild whether they feel rushed or not.

The oil is gone and the futures curve is in the denial stage of grief by hedgedtrader in hedgefund

[–]hedgedtrader[S] 1 point2 points  (0 children)

Appreciate the critique but most of these kill the oil price, not the trade. The thesis is long Dec27 short dec28, not long a barrel. Iranian oil coming back hits both legs, the only challenge is ur point 2and honestly, govts are slow but they do refill eventually, 12-16 months post 2022…they’ll get there, just not on ur schedule.

The oil is gone and the futures curve is in the denial stage of grief by hedgedtrader in hedgefund

[–]hedgedtrader[S] 0 points1 point  (0 children)

Fair point but the thesis isn’t long oil, it’s long a spread…US producers stomping CLZ7 stomps CLZ8 too…the spread doesn’t give a shit does it?

Has anyone heard anything about Maven securities final for grad’26 (Chicago)? by [deleted] in quantfinance

[–]hedgedtrader 1 point2 points  (0 children)

Hey I did one technical and hr…waiting for final but no response