I've always wondered who by these crappy contracts that are about to expire at the end of the day on Friday?
The buyer of the contract is getting a low premium, but is forced to execute the contract and buy all the overpriced rate.
What am I missing here?
EDIT: not forced to execute, but has the option to. Thanks for the correction. Still, I can't really understand why someone would want to buy such a bad contract that is about to expire and wouldn't have buyers.
Submitted October 17, 2018 at 05:30AM by Nose_Grindstoned https://ift.tt/2PFo4XC