# Futures Contracts on The No Agenda Show

Futures Contracts comes up in 4 chapters across 4 episodes of The No Agenda Show, from December 2011 to March 2021.

- **Chapters:** 4
- **Episodes:** 4
- **Discussed:** December 2011 – March 2021
- **Related topics:** [Bankruptcy](https://search.noagendashow.net/topic/bankruptcy.md), [Bitmessage](https://search.noagendashow.net/topic/bitmessage.md), [Derivatives](https://search.noagendashow.net/topic/derivatives.md), [Energy Market](https://search.noagendashow.net/topic/energy-market.md), [Ercot](https://search.noagendashow.net/topic/ercot.md), [Fracking](https://search.noagendashow.net/topic/fracking.md), [Mf Global](https://search.noagendashow.net/topic/mf-global.md), [Natural Gas](https://search.noagendashow.net/topic/natural-gas.md), [Oil Prices](https://search.noagendashow.net/topic/oil-prices.md), [Options Trading](https://search.noagendashow.net/topic/options-trading.md)

## Chapters 1–4 of 4

### Texas Energy Market Collapse and Windmill Futures

- **Episode:** [1327: China Chopper](https://search.noagendashow.net/episode/1327-china-chopper.md)
- **Published:** 2021-03-07
- **Time:** 1:57:47–2:00:03
- **Transcript:** https://search.noagendashow.net/episode/1327-china-chopper/chapter/texas-energy-market-collapse-and-windmill-futures.md

The Texas energy market is facing a $16 billion crisis following the winter storm, with several companies filing for Chapter 11 bankruptcy. The financial failure was exacerbated by windmill operators who were forced to buy energy at $9,000 per megawatt-hour to fulfill futures contracts when their own equipment froze.

Keywords: [texas](https://search.noagendashow.net/topic/texas.md), [ercot](https://search.noagendashow.net/topic/ercot.md), [energy market](https://search.noagendashow.net/topic/energy-market.md), [bankruptcy](https://search.noagendashow.net/topic/bankruptcy.md), [windmills](https://search.noagendashow.net/topic/windmills.md), [futures contracts](https://search.noagendashow.net/topic/futures-contracts.md)

### Oil Price Crash, Storage Capacity and Hedging

- **Episode:** [705: Lying Weasels](https://search.noagendashow.net/episode/705-lying-weasels.md)
- **Published:** 2015-03-19
- **Time:** 2:19:20–2:22:43
- **Transcript:** https://search.noagendashow.net/episode/705-lying-weasels/chapter/oil-price-crash-storage-capacity-and-hedging.md

Oil prices have dropped below $50 a barrel, leading trading companies to store excess supply in "tank farms" in hopes of a future price increase. The hosts explain that many oil companies are still profitable because they "hedged" their production with futures contracts at higher prices last year. They predict a further price crash once these hedges expire in the summer and storage capacity is fully exhausted.

Keywords: [oil prices](https://search.noagendashow.net/topic/oil-prices.md), [fracking](https://search.noagendashow.net/topic/fracking.md), hedging, [futures contracts](https://search.noagendashow.net/topic/futures-contracts.md), storage tanks, [derivatives](https://search.noagendashow.net/topic/derivatives.md)

### BitMessage, Natural Gas Markets and UNG Option Data

- **Episode:** [548: Mournful Mortician](https://search.noagendashow.net/episode/548-mournful-mortician.md)
- **Published:** 2013-09-15
- **Time:** 1:53:27–2:00:19
- **Transcript:** https://search.noagendashow.net/episode/548-mournful-mortician/chapter/bitmessage-natural-gas-markets-and-ung-option-data.md

A producer on the BitMessage channel analyzed the "UNG" natural gas ticker following Adam's theory on the Syrian conflict. The analysis found massive open interest in January 2015 $17 puts, suggesting a major player is betting on natural gas prices remaining above that level. The segment explains complex trading terms like "strike peg" and the selling of "time" in the options market.

Keywords: [bitmessage](https://search.noagendashow.net/topic/bitmessage.md), [syria](https://search.noagendashow.net/topic/syria.md), [natural gas](https://search.noagendashow.net/topic/natural-gas.md), ung, [futures contracts](https://search.noagendashow.net/topic/futures-contracts.md), strike peg, [options trading](https://search.noagendashow.net/topic/options-trading.md)

### Jon Corzine MF Global Testimony, Missing Customer Funds

- **Episode:** [363: Mothership Uncloaking?](https://search.noagendashow.net/episode/363-mothership-uncloaking.md)
- **Published:** 2011-12-08
- **Time:** 7:05–7:57
- **Transcript:** https://search.noagendashow.net/episode/363-mothership-uncloaking/chapter/jon-corzine-mf-global-testimony-missing-customer-funds.md

Former MF Global CEO Jon Corzine prepares to testify regarding the disappearance of approximately $1.2 billion in customer funds. The missing money primarily belonged to farmers and ranchers using futures contracts for cattle and commodities. Speculation suggests Corzine may invoke the Fifth Amendment to avoid self-incrimination during the hearing.

Keywords: jon corzine, [mf global](https://search.noagendashow.net/topic/mf-global.md), [futures contracts](https://search.noagendashow.net/topic/futures-contracts.md), customer funds, [bankruptcy](https://search.noagendashow.net/topic/bankruptcy.md)

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