Devon Energy Options Spot-On: On December 30th, 52,499 Contracts Were Traded, With 564.59K Open Interest
Cold weather exceeded expectations, USA Henry Hub Natural Gas Futures surged over 20% during trading, is inflation cooling down in jeopardy again?
On Monday during Regular Trading Hours, the NYMEX Henry Hub Natural Gas Futures February contract saw its intraday increase expand to 21%, reporting at $4.094 per million British thermal units. This is the largest increase for this contract since it began trading in 2012. Analysis suggests that higher natural gas prices may have macroeconomic implications, which could drive up inflation rates, while severe cold may also suppress Consumer spending in the USA.
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Yikers : I wouldn't say I believe in it... but I'm still here holding the bag.
Dubulator : $Devon Energy (DVN.US)$ has been pretty brutal. I’m done on DCA until two days close green. It was nice to see some call options going in for $35 in February but $35 is a ways off my cost.
easygoing Lyon : Devon Energy is in Donald Trump's donor's stock portfobill.It's going way up the grace period the load is almost over.