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jazzylife
May 30, 2018 12:39 AM

Long 2 ZS, Short 3 ZW Long

ZS1!*3-ZC1!*2-ZW1!*3CBOT

Description

Long Soybean/Wheat spread, Playing cheap vs expensive ags

Trade closed manually

Winner...Closed at 0600PST due to both instruments struggling to push through their respective 100SMAs
Comments
sysatrading
Hi. Nice trade. Why do you actually trade these multi-leg spreads? What advantages does it bring in comparison with simple interdelivery spreads?
jazzylife
@sysatrading, I've been testing it on my papertrading account, but not sure if I like the volatility. With the intercommodity spreads you still get a margin credit and they last 1-5 days. I'm finding that I prefer calendar spreads but I need to learn how to be more patient with them because I've found the calendar spreads take anywhere from 2-8 weeks to play out.
sysatrading
@jazzylife, I understand. I've done 6 spreads this year and all took 1-5 weeks. So it is not so bad.
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