| carlsoncl - 3/27/2020 12:20
Thoughts while loading feed and hearing the markets.........cash traded at $1.20 give or take this week. April 1st around the corner, holding a PC with a +2 for April delivery. Those contracts get “force” priced off the board next week. Pack is just licking their chops again! Total fubar in Chicago.........when all the bulls get cut with a knife, the markets break down.....we cuss them at times but, we need the funds in our sand box!
January thru June is not the time of year for basis contracts typically, but this disconnect between cash and futures is insane. |