QUESTION 10 You plan to get in a position of short-the-basis by selling cash com in June basis JUL and buying it in August when the basis is trading against the SEP. Which of the following pre-spread orders would you want to enter to provide you with the most favorable structure for your anticipated short-the-basis position? Buy JUL/Sell SEP at a 25 premium to the JUL O Buy JUL/ Sell SEP at a 254 premium to the SEP Buy SEP / Sell JUL at a 25 premium to the SEP O Buy SEP / Sell JUL at a 25 premium to the JUL 1 points