TL;DR - Oil rates are oversold, and funding rates will revert from heavily negative once the contract rollover ends (13 May) - If you long oil rates on Boros now, you get a great Implied APR entry when negative rates revert post rollover - 2 ways to execute, either long and exit once rollover completes, or long and hold till maturity (21 May) Simple as on Boros. Caveats: - Oil rates can remain heavily negative going into the rollover, make sure you've got enough margin to weather any settlements - Implied APR will be volatile as traders short on Boros to reduce their funding costs However, if you do it right? This could be a huge upside move captured in oil rates once the rollover ends. Intern however, has another killer Boros trade idea up his sleeve... (thesis coming soon)