Posts tagged ‘trading’

Less is more: Narrowing focus to CUS, NYM, LAX for early June

Since there has been so little trading in the first halves of the last 3-4 months I’d thought that we might have more luck with early-in-the-month trading by suggesting that trades focus on a smaller set of contracts.  As such, … Read More

Basics: OK, so you’re bearish. What to do besides selling your house?

It seems that a growing numbers of commentators are becoming ever-louder in their bearish views.  Yet few give their readers any practical advice as to how to put this “knowledge” to work.  Are they suggesting that people sell their houses … Read More

Basics: InterCity Spreads -converted to relative % gains

I continue to believe that while traders may approach outright markets with some caution that they can be more aggressive when expressing views of relative performance.  That is, they may not have a precise view about how much the LAX … Read More

Feb CME Case Shiller recap

I’ve posted the February monthly recap of activity in the CME Case Shiller housing contracts to the Reports section (or one can access here).

A key impression when comparing information from Feb 28 versus Jan 31 (or Dec 31, … Read More

Case Shiller #’s vs Feb 2014 market (G14 CME contract)

While much of the press seemed to interpret today’s Case Shiller #’s as weaker, a comparison of the actual numbers versus the mid-market quotes for the expiring Feb 2014 (G14) contract suggests that the numbers were more bullish than expected.… Read More

Feb ’14/’15 Calendar Spreads by regions (If you blog it, they will come!)

In what was a very gratifying (to me) set of actions, one (or some?) trader seems to have taken my comments on the Feb ’14/’15 calendar spread for the HCI contract (CUS 10-city index) Feb cycle calendar spreadsand expanded that approach into two-sided … Read More

Jan Recap posted

I posted a recap of activity in the CME Case Shiller (home price index) Futures for the month of January to the Reports section (or you can click here).

The highlights of the month include:

  • Increase in volume (albeit
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Jan 9 update

As I mentioned in the month-end summary, bid/ask spreads have compressed slightly since Dec. 31.  I posted a set of tables in the Reports section (click here) that shows the changes between Dec 31 and Jan 9.   The BOS, … Read More

Recap of Nov activity posted

I’ve posted a recap of activity in the CME S&P Case Shiller home price index futures for the month of Nov to the Reports section of this website (or one can click here to access.)  The report uses an end … Read More

InterCity Spread update: pushing closer

The narrowing in the bid/ask spread in longer-dated California markets (particularly LAX) has been primarily a function of traders offering lower.  Those lower offers have also impacted intercity spread quotes, both by narrowing the “arb” level (simultaneous lift one offer … Read More