misiti3780 wrote: >> I didn't think John Arnold was the executioner, I just read that he was >> on the opposite of all of Amaranth's (Hunter's) trades at the time. This is consistent with what I know. Amaranth was large enough that veterans could guess what Brian Hunter was doing, and Brain had just a few enemies. rich7804 wrote: >> Is Centaurus doing any exotics? Centaurus is building an underground storage facilities for LNG. Sounds pretty exotic to me, in its own way.July is unfolding and proving quite interesting. Some of the gas guys definitely got 'clocked' in the price correction; the good ones were okay. A lot of smart macro guys are now saying the price of NG has peaked for a while.

LTrain,There are many people building all kinds of storage facilities but that does not mean they are financially exotic Is John Arnold Long the 9-9.50 calls now?

>> does not mean they are financially exotic Very true.. I just think it is funny a trading shop is building NG storage facilities. I don't know if they are playing contango or see a private-equity-ish opportunity.>> Is John Arnold Long the 9-9.50 calls now? Knowing the Centaurus guys is an honor, but they just plain don't talk about their trades or views. Sorry.

QuoteOriginally posted by: LTrain>> does not mean they are financially exotic Very true.. I just think it is funny a trading shop is building NG storage facilities. I don't know if they are playing contango or see a private-equity-ish opportunity.Being of the cynical strain, if there is storage, then there are exotics constructed from it floating around. Storage is just too fun.

QuoteOriginally posted by: diogenesQuoteOriginally posted by: LTrainStorage is just too fun.Especially if you try to delta hedge it...

sorry double post

QuoteOriginally posted by: commoquantQuoteOriginally posted by: diogenesQuoteOriginally posted by: LTrainStorage is just too fun.Especially if you try to delta hedge it...

Is it more fun than hedging Generation?

QuoteOriginally posted by: rich7804Is it more fun than hedging Generation?Indeed. I recommend you take a look at it.

I remember seeing some rankings of the top commod dealers?Is there anyone else in this space other than the following?DBGSMSJPMMLBNPSGDRKWCSUBS LEHFortiscitiBarc RBS

HSBC is actually very good in metals, but not in any other commoditites.

Can anyone comment on which shops are tops in electricity?