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Canola Spread Trade EXIT -Futures Fun Fridays
Friday, June 3, 2022 at 5:14:05 p.m. UTC
Futures Fun Fridays
Featured Commodity: Canola Trade complete
Technical aspects: Exit Canola Spread trade put one April 8
· At time of trade the spread was 124 at exit it was 84 for a gain of $40/mt
· Now is the time to exit because July is the front month and liquidity problems could happen at any time. Usually not wise to be doing spread trades on a front month.
· This trade made $40,000. In my opinion these spread trades are a no brainer because even though the market is very volatile a spread trade like this is a solid bet because it is essentially new crop vs old crop.

Link to spreadsheet. We are up $73,700 since futures friday started.
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