It is currently December and you have the opportunity to make a soybean sale for December delivery at $+10$ JAN. If you make the sale it will put you in a position of short$-$the$-$basis. You intend to purchase the soybeans to fill the sale in January when the basis is trading against the MAR. Which of the following pre$-$spread orders would you consider entering to provide the best structure for your anticipated short$-$the$-$basis position?

Buy MAR $/$ Sell JAN at a $5$ premium to the MAR

Buy JAN $/$ Sell MAR at a $5$ premium to the MAR

Buy MAR $/$ Sell JAN at a $5$ premium to the JAN

No spread is needed.