|
- UID
- 222295
- 帖子
- 348
- 主题
- 4
- 注册时间
- 2011-7-2
- 最后登录
- 2014-6-29
|
cpk123 Wrote:
-------------------------------------------------------
> if forward curve were inverted ... each time
> aren't you losing on your contract if you bought
> them? since you bought them at say 110$ but price
> has now falled to 100$... (opportunity cost).
Well, I would agree except you're letting them expire and rolling them over (at cheaper prices), not selling them. That's why the roll yield is positive.
NO EXCUSES |
|
发表于 2011-7-11 19:17
|