natty harvesting premium (seasonal crush)
natty- IV is falling in correlation with price. this is common. as the seasonal bullish period for natty has passed
polar vortex, schmolar vortex. the beginning of march the seasonal crush will continue. im selling a 35 Delta call spreads 30 dte on a rolling basis cutting spreads at 50% profit during it's crush period.inventories in natty support this bearish thesis along with well this is just how natty trades during this season.during this period of months it's likely to stay flat to bearish
polar vortex, schmolar vortex. the beginning of march the seasonal crush will continue. im selling a 35 Delta call spreads 30 dte on a rolling basis cutting spreads at 50% profit during it's crush period.inventories in natty support this bearish thesis along with well this is just how natty trades during this season.during this period of months it's likely to stay flat to bearish