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target is 95 stop is 94

that is to funny I was about to come and say I'm taking an outright long at 94.20

Sugar seems like it already has a confirmed bottom so you might want to check that out. I mentioned on the other thread I'm already long JO but I'm really liking the sugar more with the pull back over the last couple of weeks. I haven't done much research on the fundamentals of sugar but do...

I'm already long 800 jo's but still more manageable than KC. I'm up 10K on the year on the KC's so I'm looking at this as a free investment.

Maybe not :D Sorry about the off topic coffee post. No doubt KC could get to 98 as the world is swimming in beans and if it does i'll just buy more. Reversion to the mean trade :eek:

I use JO

if anyone likes to try to pick bottoms coffee almost hit the low on the monthly chart. I can't imagine anymore possible bearish news last least for a few months. I'm using the coffee etf to fish around here.

would 95.60 be asking to much today?

I try not to look at this because it makes me feel conflicted. But it's full of hindsight goodies that make me kick myself

I pretty much agree with you IV a month ago I was thinking a range of 96 to 106 for a couple months but with demand dwindling and the dollar rocking (should be short lived) a range of 92 to 98 looks like the money play over the winter as long as the Arabs keep it in their pants. I'm looking...

So do you want us to interpret today's pa and try to determine what it will mean for tomorrow or do you want us to put on a chart where we placed trades based on the pa at that moment in time and our reasoning for it? As far as today it just seems like typical consolidation and using Friday's...

This for me anyway has been the only way I've been making money trading. I'm never naked but selling prem when IV is above a 4 hour avg is pretty steady. And now that I pay super close attention to IV it does seem to give me tells on directional trades or at least gives me a clue as to what...

I'm surely temped to get long some outright contracts but I would like to wait for 95 just to be sure. In the mean time I'm just puttzing around with my 93/92 100/101 short strangle which is getting longer for me.

This and the pound have been the best swing trading instruments this year, glad you guys brought it up. Fwiw I would start getting long at 9390 simply because I think there will be a third leg up to 9870 and there seems to be good value there. I'm not really sure if we'll get down to it so I...

it's gotta go 1.50 up or down from here. My guess is down but with all the data coming out in the next few days this pretty picture could get messy.

With the price around 98.60 I'm adding some short 101 and 102 calls to turn this into a short strangle. My delta is going from around +700ish to -100ish. Will start unwinding when IV gets in the high teens.

This is what I was thinking on the 17th. I'm pleased we got to around 96 but I was really thinking avg IV would be well above 25 and we aren't even there. My plan was to start selling 92 and 93 puts when we got to 96 but with the lack of premium built in here I'm limping in and 93.50 is now on...

One other thing that I don't think has been mentioned is the fundamental world and the price action world. More often than not (maybe depending on what you are trading) they don't seem to sync up instantly which is another pitfall for a day trader that needs to ask why is this happening or why...

IV is dropping like a rock right along with the price. Which seems to me is a way of the world of traders saying hey this price is starting to make sense. All this along with the dollar and oil tanking the same day further leads me to believe wti is finding its happy place. A range between 96...

Won't all these high deductible plans be a windfall for companies like Aflack that offer add on accident and hospitalization plans for dirt cheap? You can get the crappiest plan and then add an accident plan for dirt cheap to it to help off set the high deductible. This is especially important...