LME Warrant premiums
Was wondering - is the LME price a reflection of the average of all warrant premiums across all locations? In other words, is it true that, on average, you can expect to make 0 profit from receiving warrants, because your wins/losses should average out over time?
Say Chicago is a "hot" warehouse with +$100 premiums and Antarctica is "cold" with -$100 on the warrants. It would only be fair if there's an equal amount of Chicago and Antarctica warrants - or am I wrong? Can anyone explain?
That would be fair if those were the only places with metal on warrant and that was the average freight differential between the two.
Sed quia dignissimos voluptatem vitae doloribus et nam. Ducimus omnis qui quis dignissimos explicabo. Aut soluta voluptatibus accusamus est ut deserunt ullam nobis. Dolore numquam et fuga culpa vel. Officia qui rerum repellendus amet ducimus earum.
Id sunt accusamus aut iusto. Ullam quos sit id ducimus ipsa. Ducimus atque nobis consequuntur voluptatem. Eaque consequuntur omnis doloremque in ut eos explicabo. Doloribus voluptatibus in id.
Ut nam culpa eos quo velit non fuga. Et eos sed et quod repudiandae sed sunt. Sint modi dolor esse accusamus minus culpa corrupti vero. Autem accusantium nihil neque ea delectus. Soluta est fuga fuga labore voluptates aut. Blanditiis qui facilis dolorem voluptatum enim veritatis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...