Natural Gas
NG=FNGV26.NYMUpdated 05:07:33 · refreshes every 60s
Implied Opening Price
2.89▼
−0.03−1.19%
1σ 2.86 – 2.91VIX 14.5%
Spot vs Implied Open
Cost-of-Carry Model
Full methodology →Model Inputs
| Variable | Value |
|---|---|
| Futures Price (F) | 2.92 |
| Spot Price (S) | 2.92 |
| Risk-Free Rate (r) | 3.78% |
| Storage Cost (q) | 10.00% |
| Time to Expiry (t) | 31.6d |
About this projection
The Natural Gas implied open tracks the front-month NG=F futures contract, adjusted for cost of carry: the USD risk-free rate plus an annualized storage-and-insurance estimate of roughly 10% per year, discounted over the time to contract expiry.
Commodities have no dividend stream, so storage cost takes yield's place in the fair-value formula. The projection refreshes continuously while futures trade; the methodology page has the full derivation.
This is not financial advice.← Back
