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

Buy DEC $/$ Sell MAY at a $5$ premium to the MAY

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

Buy MAY $/$ Sell DEC at a $5$ premium to the DEC

No spread is needed.