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1. Actuals Physical commodities. Sometimes called a spot commodity or a cash commodity
2. Calendar spread An options position comprised of the purchase and sale of two option contracts of the same type that have the same strike prices but different expiration dates. Also known as a horizontal, More…
3. Carrying charge The total cost of storing a commodity; includes actual storage charges, insurance, interest on loans, and opportunity loss on committed capital.
4. Cash commodity The actual physical commodity. Sometimes called a spot commodity or actuals

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