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Ontario's middle east | You suggested at the time that you would sell the h, which prompted Ray to quip "what is your commission" if my memory serves me correct the z-h was only 6ish. His point was that the market wasn't paying enough storage (carry) at that time and you should sell z. If you were paying big commission it may be a wash. If you took Rays sage advice you now need to execute a spread, buy the z and sell the h, that let's you capitalize on the extra carry now available. This is what we call rolling, changing futures month in other words. | |
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thoughts on situation
