... for a 1.70 credit.
Notes: A delta hedge to what I've already got on, taking a little advantage of backwardation in the /CL term structure. As a stand-alone trade, a bet that /CL doesn't finish below 48 by March.
Notes: A delta hedge to what I've already got on, taking a little advantage of backwardation in the /CL term structure. As a stand-alone trade, a bet that /CL doesn't finish below 48 by March.