cracksprd_lbc
Function Name: cracksprd_lbc
Tags: None
Category: Spread
The Crack Spread is the difference between the revenue from the refined products based on futures prices. The basic calculation is a simple one that is made somewhat more complicated because the quantities are given in different units. These units for crude oil (CL, LBC, or RCL) unleaded gasoline (HU or RHU), and heating oil (HO, LGO, or RHO) must be converted to the divisor unit.
Link: http://www.investopedia.com/terms/c/crackspread.asp
CrudeOil |
Default base is the continuous futures contract BRN with the standard trigger configuration. |
Gasoline |
Default base is the continuous futures contract UHU with the standard trigger configuration. |
HeatingOil |
Default base is the continuous futures contract UHO with the standard trigger configuration. |
CrudeOilNo |
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Default Value: 3 | Minimum: 1 | Maximum: 1000 |
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Type: Numeric |
GasolineNo |
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Default Value: 2 | Minimum: 0 | Maximum: 1000 |
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Type: Numeric |
HeatingOilNo |
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Default Value: 1 | Minimum: 0 | Maximum: 1000 |
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Type: Numeric |