Monday, July 27, 2020

Snap shot CPO on Friday close



The OCT month is the most active month with declining volume going forward and backwards. In the case of CPO, for its own reasons the Calendar spread seems to be actively traded.

This is the only Commodity Futures product that I know with such activities. WHY ??? I don't know and I don't understand. This is just an academic curiosity as I try to comprehend such phenomenon.

Coming back after a short diversion, looking at the table above, it shows the actions is around the active month with declining volatility beyond the active month. IT is safer to trade the forward upcoming months

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