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SC Iowa | Well, join the club of not understanding....he is not the only one...have another guy with 150,000+ in same category
basis contracts, deferred pay contracts would have worked to meet their objectives of staying long or moving taxes to out years..
after all, if you are bullish, you have to be bullish futures when +120Z is available...and knowing that basis will be option price to 25 over/under in just a very few short weeks....
sign of the times is all I can figure out...
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Ugliest of Them All
