Posted 8/29/2014 07:35 (#4044564 - in reply to #4044209) Subject: RE: Deliveries on the U
But basis ownership. Short hedge in the U.
if the spread gets to narrow as it has in part response to masks increase in a market driven by a absence of freight. Deliver. Spread winden back out cause no stopper can afford to execute. Take you spread back at 20 and move on. 4M will reset the tone of carry mindset. Value of basis ownership pops