Shorting WTI-Brent Spread

٢٢ فبراير ٢٠٢٠

A potential low-risk setup on this CLM2020-BBM2020 spread; Brent to trade at a discount to WTI - very unlikely. Optimal entry around -2.40, risk of 3k per contract with a potential 1R-1.5R return before the expiry of these contracts at the end of April.