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Quick drills
Sharpen the moves
Rapid reps on the core skills the case tests. Ten questions, instant feedback, build the reflex.
Fair value & basis
Cost-of-carry fair value, the basis, and its convergence.
Start drill
Carry & the curve
Net carry, contango vs backwardation, and the commodity analogy.
Premium
Cash-and-carry arb
Spot the rich or cheap future, the trade, and the edge.
Premium