there is no way to take advantage of that contango, other than spreading across both symbols in various tactics. In other words, not by straight longs or shorts we can expect to see some squirrely CL tapes ahead as rollover process begins. business as usual otherwise, hit the long and short signals with impunity, lock in acceptable gains asap before wicked v-turn swings come right back thru entry
It was the QM's not the full contract, so half smile. I am still trying to get the proper feel for this market and I sometimes prefer to use the 1/2 contract instead of the full one to limit my losses.