What condition do earn profit from spread trading

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Most of spread tradings in NG futures are done without securing any future supply. Consider the case of a bull futures spread, assuming that there are no secured supplies. A market participant who believes that nearby futures prices are likely to increase and deferred futures prices are likely to decline may take on a bull futures spread trading.

Under what condition do you earn profit from this spread trading? include reference

Reference no: EM133253298

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