CPO Calendar spread vs CPO Futures - LAST 200 days traded

 

                                           JULY _ AUG

                                        AUG _SEP    

                                    CPO3 - AUG

To look at the numbers without graphical chart displays, one need to be a special breed to have such quality gift. Unfortunately, I do not have special gift but to do it the "traditional" method of plotting the charts and visual analysis 

I am leaving to the readers to make their own observations and conclusions the directions of the Calendar Spread vs the Outright Futures. 

 

https://www.investopedia.com/terms/c/calendarspread.asp

 

Margin for Calendar spread is Rm1700 per contract

Margin for Futures outright is RM7000 per contract (x4 approx Spread margin)

The other question remains is what calendar spread pair is the optimal choice. Will it be

1. Cpo-3 (Active) vs Cpo-4 (NEXT) or Cpo-3 vs Cpo-5 or Cpo-3 vs Cpo-6

2. Cpo-2 vs Cpo-3 or Cpo-2 vs Cpo-4 or Cpo-2 vs Cpo-5 

3. Cpo-4 vs Cpo-5 or Cpo-4 vs Cpo-6 or Cpo-4 vs Cpo-7

or other month combinations?

 

I leave it to the readers to investigate for themselves as I have lay the basic for you to think.

 

Trading Education is about Investigation and Observation and finally the Calculations