标题: Normal Backwardation vs Backwardation [打印本页]

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作者: tango_gs    时间: 2011-7-13 13:38     标题: Normal Backwardation vs Backwardation

can someone explain?

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作者: Uranus08    时间: 2011-7-13 13:38

Spot > Forward = backwardation


Expected spot > forward = normal backwardation

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作者: cv4cfa    时间: 2011-7-13 13:38

There was a case last year where I think both inequalities were true, and everyone got it wrong. Something like, S0 < F0 and F0 < E(S0)?

Do the search and post here please.

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作者: neil1234    时间: 2011-7-13 13:38

+1

"Expected" then "normal" otherwise just contango or backwardation depending on what future price is

- Guille

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