Trade the nearest Energy future Long

NYMEX:HOX20221D

NY Harbor ULSD Futures (Nov 2022)NYMEX

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⋅ Oct 30, 2022 6:18 AM

it makes sense to trade long only the latest energy future, as they are in backwardation (future prices are cheaper than current one)

so huge gains on the november contract that expires on 31th oct.

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