GOLD Futures Calendar spread

Discussion in 'Risk Management' started by traderjo, Mar 17, 2021.

  1. abc1234

    abc1234

    You will not be adding any risk, just moving your May contract to June. The trade should be very similar to the one you had on with a lot more liquidity.

    Based on your screenshot you are long 1 May contract and short 1 Aug contract. So if you sell 1 GC May/Jun calendar you will now be flat the May contract, long 1 Jun contract and short 1 Aug contract (long the Jun/Aug spread). Make sure you use the CME directed spreads when sending these orders.

    After you sell the May21/Jun21 calendar pull up the Jun/Aug spread (Directed) in TWS and you should be long 1 (it can be buggy and might not recognize it right away) and can trade out of it. If TWS doesn't recognize it just make sure you are long 1 Jun21 and short 1 Aug21 contract before trading out with the Jun/Aug spread.

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    #11     Mar 17, 2021