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Dalhart, Texas | Ok...so can someone explain what a HTA is and how rolling a dec to July works exactly? A HTA is pricing say corn under the dec contract, but leaving the basis open, right? Basis can then be set whenever one wants as I understand it. Then if one wants the .28 cents available by rolling that to the July contract how does this work? The enduser has taken delivery of the commodity, right? Always hear this strategy being mentioned and unsure of how exactly one goes about it. TIA | |
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