User blog comment:HighDreams/What is a Black Long Really worth?/@comment-37509205-20190121215957

I think it varies, but the worth is going up. Recently I got a black long for my offer of two red longs and two orange longs. I think trading several good longs and bad longs is a very big over trade. Three good longs is fair. Adding an orange long if blue is one of the good longs is also a bit over, but fair. This is not symmetrical to the 40-60 den beta information given, but as also stated, if you are trading spikes to spikes, you usually have to trade more "den-betas worth".

I hope this is helpful,

Halo