Month Jet fuel price ($US per gallon) Jet fuel RoC WTI price ($US per barrel)

rel) WTI RoC

Apr-19 1.98 63.87
May-19 1.97 -0.5% 60.84 -4.7%
Jun-19 1.82 -7.6% 54.68 -10.1%
Jul-19 1.91 4.9% 57.52 5.2%
Aug-19 1.8 -5.8% 54.84 -4.7%
Sep-19 1.88 4.4% 56.95 3.8%
Oct-19 1.86 -1.1% 53.98 -5.2%
Nov-19 1.82 -2.2% 57.06 5.7%
Dec-19 1.89 3.8% 59.8 4.8%
Jan-20 1.78 -5.8% 57.52 -3.8%
Feb-20 1.51 -15.2% 50.53 -12.2%
Mar-20 0.95 -37.1% 29.88 -40.9%
Apr-20 0.61 -35.8% 16.52 -44.7%
May-20 0.69 13.1% 28.56 72.9%
Jun-20 0.98 42.0% 38.3 34.1%
Jul-20 1.08 10.2% 40.75 6.4%
Aug-20 1.11 2.8% 42.36 4.0%
Sep-20 1.01 -9.0% 39.6 -6.5%
Oct-20 1.05 4.0% 39.53 -0.2%
Nov-20 1.13 7.6% 41.1 4.0%
Dec-20 1.32 16.8% 47.05 14.5%
Jan-21 1.42 7.6% 52.1 10.7%
Feb-21 1.6 12.7% 59.06 13.4%
Mar-21 1.66 3.7% 62.35 5.6%
Apr-21 1.67 0.6% 61.71 -1.0%
May-21 1.75 4.8% 65.18 5.6%
Jun-21 1.86 6.3% 71.38 9.5%
Jul-21 1.89 1.6% 72.46 1.5%
Aug-21 1.82 -3.7% 67.73 -6.5%
Sep-21 2 9.9% 71.56 5.7%
Oct-21 2.3 15.0% 81.32 13.6%
Nov-21 2.19 -4.8% 79.18 -2.6%
Dec-21 2.1 -4.1% 71.53 -9.7%
Jan-22 2.45 16.7% 83.12 16.2%
Feb-22 2.68 9.4% 91.74 10.4%
Mar-22 3.5 30.6% 108.49 18.3%
Apr-22 3.91 11.7% 101.78 -6.2%
May-22 3.9 -0.3% 109.6 7.7%
Jun-22 4.12 5.6% 114.59 4.6%
Jul-22 3.48 -15.5% 99.85 -12.9%
Aug-22 3.34 -4.0% 91.57 -8.3%
Sep-22 3.26 -2.4% 83.87 -8.4%
Oct-22 3.72 14.1% 87.26 4.0%
Nov-22 3.16 -15.1% 84.78 -2.8%
Dec-22 2.9 -8.2% 76.52 -9.7%
Jan-23 3.54 22.1% 78.11 2.1%
Feb-23 2.79 -21.2% 76.84 -1.6%
Mar-23 2.68 -3.9% 73.37 -4.5%
Apr-23 2.37 -11.6% 79.44 8.3%
May-23 2.17 -8.4% 71.59 -9.9%
Jun-23 2.25 3.7% 70.23 -1.9%
Jul-23 2.49 10.7% 76.39 8.8%
Aug-23 2.99 20.1% 81.4 6.6%
Sep-23 3.12 4.3% 89.58 10.0%
Oct-23 2.88 -7.7% 85.57 -4.5%
Nov-23 2.73 -5.2% 77.43 -9.5%
Dec-23 2.39 -12.5% 72.08 -6.9%
Jan-24 2.59 8.4% 73.93 2.6%
Feb-24 2.68 3.5% 76.7 3.7%
SD of Jet Fuel 13.5%
SD of WTI 15.4%
Correlation Jet Fuel/WTI 77%

Hedge ratio 67.7%

Number of barrels hedge 8119.53688368631
 RMIT Classification: Trusted #

You have $100,000 to trade on futures market, and a maximum 40% ($40,000 as margin) can be used to do spec
it to satisfy your needs. You can put multiple trades with different price and trade on different days. In this temp

Trading r

Date Direction Contract Delivery MonNumber of contracts Trading price

16/8/2023 long Gold Aug 3 2380

Balan

Date Direction Contract Delivery MonNumber of contracts End day price

11/4/2024 long Gold Aug 3 2380
11/4/2024 long Gold Aug 3 2382.90
15/4/2024 long Gold Aug 3 2421.5
16/4/2024 long Gold Aug 3 2399.6
17/4/2024 long Gold Aug 3 2415
18/4/2024 long Gold Aug 3 2429.2
22/4/2024 long Gold Aug 3 2356.7
23/4/2024 long Gold Aug 3 2348.9
24/4/2024 long Gold Aug 3 2366.4
25/4/2025 long Gold Aug 3 2371.2

60

40

20

0
0
-20
 40
RMIT Classification: Trusted
20
#

0
0
-20

-40

-60

-80
 RMIT Classification: Trusted #

) can be used to do speculating tradings. You need to decide the direction of the position, i.e., long or short, and the produc
fferent days. In this template, the cash left to me for speculation on 27/03/2023 is $60,400

Trading record
Number of units in one contract
Contract value Margin required (Contract size)
$ 714,000.00 $ 33,000.00 100

Balance record for each contract

Daily Price change Daily contract value change Contract value

0 $ - $ 714,000.00
2.90 $ 870.00 $ 714,870.00
38.5999999999999 $ 11,580.00 $ 726,450.00
-21.9000000000001 -$ 6,570.00 $ 719,880.00
15.4000000000001 $ 4,620.00 $ 724,500.00
14.1999999999998 $ 4,260.00 $ 728,760.00
-72.5 -$ 21,750.00 $ 707,010.00
-7.79999999999973 -$ 2,340.00 $ 704,670.00
17.5 $ 5,250.00 $ 709,920.00
4.79999999999973 $ 1,440.00 $ 711,360.00

Daily gold price change

60

40

20

0
0 2 4 6 8 10 12
-20
40
RMIT Classification: Trusted
20
#

0
0 2 4 6 8 10 12
-20

-40

-60

-80
 RMIT Classification: Trusted #

ition, i.e., long or short, and the product and the number of contract you would like to trade. This template is just a simple e
0,400

Trading directions you can choose

Margin per contract long

$ 11,000.00 short

Balance record for all speculati

Accumulated
Margin account Unrealized Number of units in one
balance profit/loss contract (Contract size)
$ 33,000.00 $ - 100
$ 33,870.00 $ 870.00 100
$ 45,450.00 $ 12,450.00 100
$ 38,880.00 $ 5,880.00 100
$ 43,500.00 $ 10,500.00 100
$ 47,760.00 $ 14,760.00 100
$ 26,010.00 -$ 6,990.00 100
$ 23,670.00 -$ 9,330.00 100
$ 28,920.00 -$ 4,080.00 100
$ 30,360.00 -$ 2,640.00 100

Accumulated unrealized profit/ loss

$20,000.00

$15,000.00

$10,000.00

$5,000.00

$-
1 2 3 4 5 6 7 8 9 10
-$5,000.00
$15,000.00

$10,000.00 RMIT Classification: Trusted #

$5,000.00

$-
1 2 3 4 5 6 7 8 9 10
-$5,000.00

-$10,000.00

-$15,000.00
 RMIT Classification: Trusted #

mplate is just a simple example. Please tailor

e record for all speculating contracts