Richard,  After going throught the numbers on this peaker.
I can only pay 4-5 cents for  a 10 day peaker at Chicago.
That would be a net payment to you of  $604,000.
You are giving me 6.6% of the underlying days and I will pay 10% of the  underlying price to get the optionality.
As a relative value NYZ6 or Socal  is worth much more.
Alliance seems to have taken all of the strong interest  out of this market.
Hunter won't pay any additional premium as Chicago is too  liquid physically to justify a premium for the molecules.
Call me to go over the numbers if you want   Pete

Chicago options
Richard, After going throught the numbers on this peaker.
I can only pay <NUMBER>-<NUMBER> cents for a <NUMBER> day peaker at Chicago.
That would be a net payment to you of <CUR><NUMBER>.
You are giving me <NUMBER>% of the underlying days and I will pay <NUMBER>% of the underlying price to get the optionality.
As a relative value NYZ0 or Socal is worth much more.
Alliance seems to have taken all of the strong interest out of this market.
Hunter won't pay any additional premium as Chicago is too liquid physically to justify a premium for the molecules.
Call me to go over the numbers if you want Pete
molecules numbers optionality relative underlying days alliance taken strong market hunter won peaker pay worth richard going chicago net payment nyz0 socal