Search results

Out @ 0. Thanks GHW. You can probably make more on the downside with the chart pattern and seasonals ,but it was my initial target...:)

Long Mar LIFFE White Sugar/ Short Mar NYBOT Sugar @ 2583 ratio( 413.8/0.1602 ) based on correlation. My first interproduct spread. We will see what happens...

http://in.reuters.com/article/2014/11/24/us-cftc-cme-spoofing-idINKCN0J82A520141124

Do you still see a lot of them on your markets? It would be interesting to see if some are so profitable that they take the risk of prosecution...It's totally moronic but it is human nature to believe it only happens to other people...

out @ 1:)

http://www.businessweek.com/news/2014-11-19/market-manipulation-probe-entangles-chicago-trading-firm#p2

Did you enter this one? It was a really good idea in retrospect.

That's quite a beast to short...Hopefully with soy harvest at 94% complete, meal will calm down.

Scratch @-3.5. New crop july is going higher so the trade is becoming a gamble.

Long Mar/ Short May KC Wheat at @-3.5 at the close. Carry > Dec/Mar while it's the end of the 2014 crop and the new crop is lower.

Wow. I am super impressed at Austin Damiani's commentary. It's super weird he works for frontier futures. It looks like a Mom and Pop futures broker. "Exceptionally active traders can get rates as low as $9/contract."...Yoohoo. Do you know of other interesting grain commentary available for free?

GHW, just a follow up, did you liquidate the remaining of your Nov/Jan Feeders? It is back to higher levels now... On the wheat front, I had the idea to go long milling wheat vs other types of wheat two months ago when the news came out that a lot of french wheat would be downgraded to feed...

WASDE in 15 min

http://www.marketwatch.com/story/eleven-eu-countries-close-in-on-tax-compromise-2014-11-07

Short Mar/May 16 Coffee @0.6. Little double top + Contango structure in the front of the curve + outrights back to lower values.

By the way I use this formula but it rarely matches historically tested levels. Most of the time full financial carry is never reached, but for soyoil for example historical carries are always > this calculated carry, so it should just give you an idea. However, I think for KC wheat, the few...

Here is something I entered last week @2.4. I didn't publish it at first because it is quite illiquid but I guess someone can enter a few lots. Aug/Sep15 Feeders in unusual territory( blue line on the left ). The trade is to get it back in line. I can't see a fundamental reason for what we got now.

According to contract specifications, we've got a 0.00197$/bushel/day storage charge from 01-12 to 30-06 and 0.00296 from 01-07 to 30-11, so for this spread with one month with higher charges, it would be an average of 0.0022175$/bushel/day. Using the formula on cme website (# Days ∗ [(Interest...

Scratched it @ -0.24. spreads near full carry tend to widen towards expiration and it was kind of a dumb trade in the first place...

Some more David Gonzalez epicness...This little dude personifies Gnar http://www.thrashermagazine.com/Embed.php?ooyalaId=t4MnRkcTrq3yyTE3c1GfyHFPQ7ZC7doV&Remote=1&Width=610