Search results

That's how I know I have a good trade with your LE Apr/Jun. Even when outrights go down, it breakevens or goes up...Same thing with ZM Jul/Aug...:)

http://www.chicagobusiness.com/article/20150311/NEWS01/150319941/trading-firms-lawsuit-takes-cme-to-task

Indeed... I did a little statistical study and you are right. I traded just because the change in ratio was so abrupt but there have been similar occurrences in the past. I still think I have a little edge but perhaps I will exit soon...In any case before April...

Yep. But I decided it wasn't worth waiting to lose a bit more...LOL. I exited because of the double bottom on cattle outrights.

Out @ +0.07.:)

No I don't think so...

Out @ 69.6 finally.:(

Yes. :) But I am also closer to my stop on cattle/hogs...It's the last time I trade one of those interproduct spreads. I hate them...It's really just 2 independent outrights. KW/ZW or ZS/ZM is fine but not ZC/ZW, LE/HE...

If you are asking me, here was my exit.

Short May White Sugar / Long May Sugar 11 @ 28.38 ratio on correlation.

Yeah. That's what I was thinking but I didn't want to sound stupid.:rolleyes:

Here is an excerpt from DTN news feed I receive : "Asking prices are undeveloped but likely to start near $163 and higher in the South and $262 and higher in the North" ???

Thanks. The difference between South and north is around 100$ so I thought there was something more than just a cash difference due to plenty of supply in Texas and less in Illinois or something...Plus "north" and "South" is not precise enough in my mind...LOL

You mean for Cattle/Hogs ? Yes around 71. For Cattle Apr/Jun, we are around my entry point...

Prospective plantings at the end of the month should be more interesting. I don't know if there will be much action tomorrow... Have you seen cash cattle around 163$? Do you know what it means exactly when they say x "in the South" and y "in the north" ? I don't know much about cash markets.

Oh well...I am not sure it won't work in the end. I will give it some room. :)

:(Pretty bad close for all my spreads.

Long @ 8. It's kind of a hedge for my cattle/hogs spread as well.

Yes . I am getting killed. LOL. Are you out of the wheat sep/dec spread?

Yes. But Cattle hasn't been "normal" in a while.