WZ-CZ Spread widens to 1.98– Did you buy it at or below 1.80??

  • Posted on: July 31, 2013

About 10 days ago, I wrote that I liked buying WZ selling CZ. That spread was dancing around 180-175.   If you bought it when I recommended, you are starting to get rewarded.

Today the spread moved to 198.  Tomorrow,  it’s the first of the month.  Hopefully, we’ll see new money pour into this spread.   I’d be taking profits at $2.05. 

Good Trading

CER