On this occasion, I want to take advantage of the bearish seasonality in this Heating Oil spread.
I´m already long in the same maturities (May - June) of the Gasoline spread: Spread Gasoline KM5
Why am I long Gasoline and Short Heating Oil in the same maturities?
Because Heating Oil´s seasonality is bearish before summer and Gasoline´s seasonality is bullish in the same period (driving season is coming).
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