Crack

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Related Topics

 

 

Description

Displays a NYMEX Light Crude Oil, Unleaded Gasoline, Heating Oil crack using the ratio you specify.

 

 

Formula

Crack(rCrudeOil,rGas,rHeatingOil)=begin

   thisCrack = GrossCrackingMargin(rCrudeOil,rGas,rHeatingOil)/rCrudeOil

   retval = Scale(thisCrack, CRACK_SCALE)

end

 

 

Parameters

rCrudeOil

The number of Light Crude Oil contracts.

 

rGas

The number of Unleaded Gasoline contracts.

 

rHeatingOil

The number of Heating Oil contracts.

 

 

Return Value

A crack.

 

 

Examples

Crack(1,0,1)

 

Displays a 1:1 crack of Light Crude and Heating Oil.

 

Crack(1,1,0)

 

Displays a 1:1 crack of Light Crude and Unleaded Gas.

 

Crack(2,1,1)

 

Displays a 2:1:1 crack.

 

Crack(3,2,1)

 

Displays a 3:2:1 crack.

 

Crack(5,3,2)

 

Displays a 5:3:2 crack.

 

 

Comments

NA

 

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