What is your reasoning on the future's contracts?

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It’s simple leverage on a potentially parabolic asset. The 40% would have to cover any drops so you could ride out the margin calls so allocate for a short term deep price drop. There is no manipulation in the futures as they are “cash priced” based on the spot market.

I would argue that there is manipulation because the spot price is easily moved around and often is especially as it relates to the closing dates on futures contracts.