News for hackers. Stuff that matters.

A comment on Dozens of oil tankers cluster off the coast of Texas due to oil price fall. Parent comment

Re:Dozens of oil tankers cluster off the coast of Texas due ... by pjh68 on Friday November 13, 2015 @02:09PM (#10561754)
Buy spot price, sell a future immediately. Works if the storage cost (i.e. keeping the ship & crew out of port) is greater than the spread.
[ Parent | on HN ]

There are no comments on this comment yet.