Recent content by illiniphd

Local: Can you enlighten me as to why a trader should look into the ZC N11/Z11/Z12 butterfly spread instead of the N11/Z11 spread? My charts tell me that the N11/Z11 spread is a better set up. I am still long after rolling out of H11/Z11. Also, do you have an opinion as to whether...

increasenow: You can trade at the limit price if other traders wish to trade with you. Trade is not halted, however price cannot move beyond the daily limit range posted by the exchange. So, if corn is trading or 'locked' at limit up, then you will be able to sell easily due to the...

schizo: Have you read the threads below? http://www.elitetrader.com/vb/showthread.php?s=&threadid=208975 http://www.elitetrader.com/vb/showthread.php?s=&threadid=208068 http://www.elitetrader.com/vb/showthread.php?s=&threadid=211431 These threads are titled 'spreads', but there...

Good Evening: I moved from a long position in the ZC H1 - ZO H1 a spread to a long position in the ZO H1 - ZO Z1 spread. I think that the old crop Oats will play 'catch-up' with the new crop Oats that continue to make new highs. According to my charts, Oats are positive on a...

Good Evening: I went long the ZC H1-ZC Z1 spread @ + $.68 on Friday of last week. I still think the bull spread can work for the next few weeks. Once the month of March rolls around, I will be looking to short the ZC N1-ZC Z1 spread. But for now, I will ride the ZC H1-ZC Z1...

Good Morning: This is a note for anyone interested in trading the Oats on a flat price basis. It looks like the ZOH1 is finally trying to breakout of the consolidation pattern that began in October. In my view, as long as prices continue to close above 398.00 on a daily basis, the...

Local: What number would you put on the Corn - Oats correlation? I calculated daily correlation between Corn & Oats to be less than correlations between Corn & Beans, Corn & Wheat, and Wheat & Beans. But, the Corn & Oats correlation is still high enough to offer a decent spread opportunity...

Here is an update on the Corn / Oats spread. The short, intermediate, and long term trends in the ZCH1 - ZOH1 spread remain up at this point in time. The old crop wheat did not take off as I expected. Oats have held up rather well, but have not been able to take out the $3.975 on a closing...

Here are a few thoughts on the Corn / Oats spread. The short, intermediate, and long term trends in the ZCH1 - ZOH1 spread all appear to be up at this point in time. However, be careful with this spread because the Corn / Oats spread tends to be rather choppy. Also, keep an eye on...

Click the link below for cash prices on grains and/or livestock: http://www.farmdoc.illinois.edu/weatherprices/index.asp

Dec 10 Corn flat price tried to push to new highs today, but still looked rather weak. It looks to me like the Dec 10/Dec 11 Corn spread is still consolidating. I am looking for a close in the Dec 10/Dec 11 Corn spread above 41 over before I think about getting long.

Local, it looks to me like flat price Dec 10 Corn wants to test the recent contract highs. However, the Dec 10/Dec 11 Corn spread looks to still be in a consolidation pattern. So, I am not looking to buy the Dec 10/Dec 11 Corn spread until it closes above 40.0 over. Would you care to...

The Dec 10/Dec 11 Corn spread has sagged down into the gap area that was left after the last USDA report. Monday's 5 1/2 cent slide does not look very bullish. Any idea why Dec 10/Dec 11 Corn spread can't seem to rally?