You are currently short$-$the$-$basis $100,000$ bushels of$$soybeans and have $20$ contracts of long$$MAR futures. You wish to spread your futures over to the$$MAY at a $2$ carry. What order do you enter to do the spread so it will remain active until filled or cancelled?

Option A

Enter an open order to Buy $20$ contracts of MAR soybeans and sell $20$ contracts of MAY soybeans at a$2$ premium to the MAY.

Option B

Enter an open order to Buy $20$ contracts of MAR soybeans and sell $20$ contracts of MAY soybeans at a $2$ premium to the MAR.

Option C

Enter an open order to Buy $20$ contracts of MAY soybeans and sell $20$ contracts of MAR soybeans at a $2$ premium to the MAR.

Option D

Enter an open order to Buy $20$ contracts of MAY soybeans and sell $20$ contracts of MAR soybeans at a $2$ premium to the MAY.