News for hackers. Stuff that matters.

A comment on Oil plunges below zero for first time with May contract ending. Parent comment

Re:Oil plunges below zero for first time with May contract e... by 0x8BADF00D on Monday April 20, 2020 @04:53PM (#22928410)
I don’t see supercontango lasting forever. At some point oil demand will rise. Even if it’s a small rise.

And you typically should close out combination orders well before expiration.

[ Parent | on HN ]

There are no comments on this comment yet.