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Hey guys, I've been beginning to watch butterfly spreads just lately to only get a deeper perception into curve construction for oil derivatives. This previous week or so I've been watching the: CL1 – 2CL3 + CL6* unfold and I noticed fairly an enormous dump down (Round February 4), what was making this transfer down? Butterfly unfold: CL1 – 2*CL3 + CL6 m1 vs m3 https://preview.redd.it/gwslhche4lig1.png?width=1809&format=png&auto=webp&s=7b096a182ab1172efa759524c0736e4f097ecc0a m1 vs m6 https://preview.redd.it/gt0o4mcp4lig1.png?width=1811&format=png&auto=webp&s=f838829c3c1bc055f67a5288d1ad48fea9c31186 Any perception can be appreciated, I'm considering of some potential elements like flows being disrupted and potential geopolitical occasions (I don't suppose this might be an element by itself although). submitted by /u/S3p_H |