4/21 Friday

Daily log

May period has just started but it might be better to close my positions early and take profits. 1m goes about 2 points. According to my data from January 18, 2017 to yesterday, the maximum value of 1m was 6.54 pts on September 4, 2020. At this time, It was in the process of returning from a big backwardation to contango, so I can understand it. But in the midst of continuous contango, I think 2.0 pts is quite good.

By the way, I opened new 2m (AUG-OCT) positions last night. It was a little high price, though.