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- 2013-10-21
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who can clarify this commodity question
CFAI page 179 reading 38.
The table in page 5 for the cash-and carry.
why is there an arbitrage opportunity for you when the forward pencil price is higher than .221? if you’re shorting a forward @.20, you’re agreeing to sell the pencil for .20 in the future correct? so if the forward price is higher than .221 and you agreed to sell it for .20, you made less money than you could have.
if you are short a forward, aren’t you rooting for the price to decrease in the future, therefore selling something higher than it should?
am i missing something here? |
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发表于 2013-4-12 21:49
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