You now know how to identify the markets as normal backwarda

You now know how to identify the markets as normal backwardation or normal contango. This is a necessary condition for investment/hedging decision. Basis analysis is the sufficient condition. It identifies normal backwardation/ normal contango volatility.HW: https://www.youtube.com/watch?v=1Rn3mTRWU6M1) Get the basis chart, Spot – Futures. Interpret the basis chart with reference to Normal Backwardation and Normal Contango Market. What mistake did Metallgesellschaft make after identifying the market?2) Get option quote for S & P 500 Futures, Soybean Futures and Japanese Yen Futures. 3) Interpret what delta means for any strike pricei will provide you all the chart which explaind in the veido