I’m a common noob when it comes to buying and selling calendar spreads for varied commodities, however have had fairly good success buying and selling the Small Trade devices /SMO (visualized by CL1!-CL2! Charts and Quotes — TradingView)
I used to be trying on the NG ahead curve and am seeing one other fascinating backwardation excessive. My query is, is that this an artifact of plotting the values of the ahead curve, or is that this an actual/precise tradable occasion? Specifically, I’m trying on the MASSIVE dropoff between NGF2023 and NGJ/NGK2023