微信扫一扫
实时资讯全掌握
|
Suppose the soybean market is in backwardation with a cash price of $6.50/bushel and a futures price of $6.00/bushel. Also assume that a trader owns 5,000 bushels of soybeans and does not need the soybeans until after futures expiration. Which of the following is the best strategy for the trader? A. Do nothing since the convenience yield is so high. B. Sell the soybeans in the spot market, buy an appropriate futures, and profit $1,250. C. Sell the soybeans in the spot market, buy an appropriate futures, and profit $2,500. |