March what futures are trading at $4.20 a bushel and May wheat futures are trading at $4.35 a bushel.You expect the spread between May and March futures prices to widen.To speculate on this view,you would

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Going long on May futures means buying May wheat futures at the current price of $4.35 a bushel. Going short on March futures means selling March wheat futures at the current price of $4.20 a bushel. This strategy allows the trader to profit from a widening spread between the two contracts. As the spread widens, the price difference between May and March futures contracts will increase, resulting in a profit for the trader who is long on May futures and short on March futures. Choosing A, C or D all involve betting only on a single contract and do not take advantage of the expected spread widening between the two contracts.

March What Futures Are Trading at $4