Friday saw a slight increase in value for crude oil futures as a tempest barreled along the Northeast Corridor while the U.S. Fed chief said growth will follow in the country, Bloomberg reports. Ben Bernanke's highly anticipated speech did not disclose plans for new stimulus during the central bank's annual retreat in Wyoming. Oil futures… Read more.
Inclement weather has done its part to push down the quality of cotton yet dense U.S. growing regions for the soft commodity might be fortunate enough to dodge a bullet, according to published reports. Hurricane Irene will not be as harmful as it could be to two states' cotton harvest, Bloomberg reports. The tempest was… Read more.
Options, by definition, are a wasting asset. Many first-time option investors learn this fact the hard way by watching their option contracts expire worthless.
Oil futures were hovering near their lowest prices in seven days amid mounting speculation about a reduced economic pace of the globe's top consumer of the commodity, Bloomberg reports. A Wednesday report by the U.S. Energy Department indicated stockpiles of crude oil in the nation last week increased by 2.3 million barrels to 354 million.… Read more.
This article was originally written by Jeff Coglianese on September 02, 2005. With the majority of options expiring worthless, many traders are interested in selling options. Options are a wasting asset. With no change in any of the underlying assumptions, an option will lose part of its value everyday until the option expires worthless. Time… Read more.
Worries about the U.S. government enhancing fruit production forecasts pushed down orange juice futures on Wednesday, Bloomberg reports. The Agriculture Department stated Florida might produce 4.7 percent more boxes of oranges as compared to one year ago as the harvest is set to close at the end of this month. The Sunshine State is second… Read more.
This is a revised version of an article that originally appeared in FutureSource’s Fast Break Newsletter on September 24, 2004. Have you purchased an option position in the past, and had the market move in your favor, only to ultimately lose money on the trade? Read this article and you might get some answers about… Read more.
As economic conditions continue to feed bearish sentiment, crude oil futures sustained heavy losses on Tuesday. On the IntercontinentalExchange, West Texas Intermediate light, sweet crude oil futures for October delivery dropped more than 4 percent to $71.67 per barrel. December 2010 futures contracts lost a bit over 3 percent to $74.78 per barrel. Brent crude… Read more.
After a strongly positive day of trading in global equity markets, crude oil broke a seven-day losing streak as some signals pointed towards recovery in the U.S. economy. Retail sales were one of the primary drivers of positive sentiment on Wednesday, as the International Council of Shopping Centers said that sales hit their best rates… Read more.
The price of natural gas futures soared on Tuesday as record high temperatures, as high as 103 degrees Fahrenheit, blasted the Northeastern United States. In addition, the beginning of hurricane season in the Gulf of Mexico raised concerns about natural gas supply. This June was the fourth-hottest on record, according to the National Weather Service,… Read more.