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Ray Jenkins, with reference to your post below.
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Maizeing
Posted 9/11/2014 08:59 (#4068263 - in reply to #4068197)
Subject: RE: Ray Jenkins, with reference to your post below.


Ontario's middle east
When he executes the spread it is irrelevant what the levels are then. He is merely fixing the relationship between the 2 futures months. Ie: he just converted 4.50 to $5 in a different delivery slot. Selling the carry z-z today, cz5 is 3.88 so yes ~ -$1.12 difference

Edited by Maizeing 9/11/2014 09:01
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  • RE: Ray Jenkins, with reference to your post below. - Case IH 9390 : 9/11/2014 08:22
  • RE: Ray Jenkins, with reference to your post below. - TNalfalfa : 9/11/2014 09:09
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