On January 10th you are short a jet fuel forward contract for April delivery in Chicago @52.00/gal and long NYMEX April heating oil contract (HOJ) at $ 1.90 On March 15th you buy an April Chicago jet basis at 5.15 the board (HOJ). Les is over April NYMEX. You do an EFP with your counterparty and establish a futures price of $225/gal to price the jet fuel a. How much I did you make or lose per gallon b Show the cash flows of the trade On January 10th you are short a jet fuel forward contract for April delivery in Chicago @52.00/gal and long NYMEX April heating oil contract (HOJ) at $ 1.90 On March 15th you buy an April Chicago jet basis at 5.15 the board (HOJ). Les is over April NYMEX. You do an EFP with your counterparty and establish a futures price of $225/gal to price the jet fuel a. How much I did you make or lose per gallon b Show the cash flows of the trade