Advanced
Practice Drills: Structuring a Commodity Spread Trade
A hands-on drill course for active commodity traders and HNI or family office investors who already understand futures pricing and spreads. You will structure three spread trades on MCX from scratch: a gold calendar spread priced against cost-of-carry fair value, a gold-silver ratio trade with rupee-matched leg sizing, and a crude oil calendar spread in a backwardated curve. For each one you set the thesis, entry, target and stop, work out margin and return on capital, and then stress-test it against legging slippage, correlation breaks, curve flips and expiry traps. The course closes with a one-page trade ticket and the Indian tax treatment of commodity futures P&L.
Commodity SpreadsCalendar SpreadsGold-Silver RatioMCXPosition SizingAlternative Investing
MODULES
5
DURATION
~3 hrs
TRACK
Alternative Investing
What You'll Master
How to turn MCX contract specifications into spread arithmetic: lot values, tick values and spread P&L per point
How to price a calendar spread against cost-of-carry fair value and decide whether to buy or sell it
How to size an inter-commodity spread so both legs carry matched rupee exposure using full and mini lots
How to set entry, target and stop levels on the spread itself, not on either leg
How to calculate spread margin, capital at risk and return on margin for each trade
How to stress-test a spread for legging risk, correlation breaks, curve flips and expiry and delivery traps
How to write a one-page spread trade ticket and record the P&L correctly for Indian tax
Access Level
LEARNER
Everything included
Full Text Playbooks
Actionable Exercises
Mobile Reading Mode
Lifetime Updates