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It might help to look at who the market participants in an example market like Corn. 1) Commercial Producers. These guys grow the Corn. They have actual physical corn either in storage or in the ground that they want to hedge against adverse price movements. In other words, if it costs them...

I'm trading them through Interactive Brokers.

TSGannGalt has questions worth answering. Some others: 1) How much time will you commit to trading? 2) How much money do you have to devote to trading? (The answer to both of those questions doesn't need to be "infinite", but it should be understood whether you have $5k and can devote...

I like all of them, particularly because I like spreading them against each other. I watch Corn, Wheat, Soy, Oats, Soy Meal, Soy Oil every day. Intra-month calendar spreads on Corn, Wheat, and Soy are very liquid. Soy Meal less so, Soy Oil even less so. Corn is a very volatile, very liquid...

WASDE, crop reports, planting intention reports, export inspections, and weather during planting, silking, and harvest. Spot market prices, weather in competing countries or heavy users (Australia, South America have been in the news lately), economic conditions in consumer countries...

I like financials and commodities a whole lot. Fundamentals are actually meaningful, no dividends, surprise earnings warnings, etc. CBOT grains have just gone electronic, and are super liquid. Treasuries and Eurodollars are also super liquid electronically. Take a hard look at Corn...

I still want to know what happened to TB's prop firm experience? There were a dozen posts about how he got a job at a prop firm a few months back. What happened? No mentors there? Did you not get along with your mentor? You were so convinced that you'd get a good salary and all the training...

1) Always know how much time value is left on the option. If it's close to $0, the odds of you being assigned are very high. 2) Always know if a dividend or other corporate action is about to occur. Make sure your option is worth substantial time value + dividend. 3) Beware of OEX, which...

TB- What happened to your job at the prop firm? Did they have no one which could mentor you? http://www.elitetrader.com/vb/showthread.php?s=&threadid=89207 Just a thought--mentoring for day trading on a message forum seems near impossible. You need a chat room or something similar. Or, you...

You can also arbitrage the futures against options, ETFs, highly correlated pairs, etc. In other words, there's no need to buy all 500 S&P members if there's a variance between SPY and ES. I've always disliked the use of the word "Futures" to refer only to e-minis. Commodity futures have...

The Socratic method commentary was funny, not your mentorship.

This is too funny.

Oh, by all means! My commentary was an attempt to throw some fundamental arguments (one way or the other) into the mix. I don't mean them to be "you shouldn't", but rather, "here's another perspective".

I love the seasonality of this spread for the next few months, but I've got one, pretty major, red flag. Here is the seasonal stack chart for the last 15 years. The thick orange line at the top is the current spread value, the other lines represent different years. Notice how we're currently...

This comment *almost* made the last 5 pages of drivel worth it. Derivman, I don't know what you want. The group, as a whole, has discussed the coffee market, "zero sum game", learning to trade options, and, the most interesting to me, seasonal tendencies in energy futures. You've asked...

Also worth noting is that the new shareholders will have absolutely no voting rights at all. Voting (and most of the IPO proceeds) stays with their CEO. In short, IBKR is Thomas Peterffy going public, not IB.

The number one skill for "learning to trade options" is indeed knowing in great depth how options work. Risk Management, knowing how to lose, and luck are all factors of learning to trade, which should be step 1 before jumping into options. Options are a complex means of creating exotic...

I PM'd him at the start of this thread because I thought he was serious about discussing Coffee and options. He's now taken to ignoring any serious posts and offering to forgive anyone who flames him as long as they give him a public apology. Wow. Who is off topic now?

You've got to shift the demand back a bit for this relationship to make sense--commercials have to buy in advance of the demand from their customers, and generally stock up reasonably well before the season hits. (If everyone waited to buy their HO until winter, the prices would be insane) :-)...

I'm sorry, what are the obvious reasons? He's worried about paparazzi?