Laundromat · Newark
Ironbound Wash House's $12,500 electricity risk has a real market: if gas prices clear $4.80, a $3,750 position pays $12,500. It covers the whole hit; the cost was known on day one.
YESWill average gas prices be above $4.80 by Dec 31, 2026?Saved snapshot · YES market price 30¢
- At risk
- $12,500
- Costs now
- $3,750
- Could pay
- $12,500
- Still exposed
- $0
Prices checked Jul 11, 2:20 PM ET. Market closes Jan 7, 2027.