It seems that all the examples and questions on Roll Yield of commodity futures are in $, not in %.
Am I right?
It seems that all the examples and questions on Roll Yield of commodity futures are in $, not in %.
Am I right?
Does not matter. Make sure you use either $ or % consistently when doing the arithmetic.
What is the denominator if it’s in %?
The collateral or value of underlying at 0.
thanks.