Posted 11/20/2015 09:58 (#4908424 - in reply to #4908374) Subject: RE: What is the basis and carry in the cash market telling me?
That is my suspicion as well. I can see how if we have a rally in the futures price that may not be the case this year for the guys who are only interested in the flat price, but usually a guy does not get reward without some form of risk. I suspect the bids in JFM and later may be significantly better than what is currently indicated?
What is the basis and carry in the cash market telling me?
