Posted 2/20/2021 13:33 (#8846819 - in reply to #8846566) Subject: RE: Rolling Contracts Education Please
Yep. And if you are carrying the hedge in your own account, it only costs your round turn trade cost. Lots of good brokers will do that for $30ish...or cheap brokers might be free.
And you can call your broker and set a target on the spread. If Z-H is want you want and it's currently at 10¢, but you think that's too cheap, you can set a target of 14¢ (or whatever) and let the market work for you. It's a lot more challenging to set the target on a spread with an elevator. Not saying it can't be done, but it can be more challenging.