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Are you all watching contango? Tightening up a little. June/Dec was around $6 last week, now about 5.30

I am literally the complete opposite. I always get out early or way too late lol. I will cut a winner way short or let a winner turn into a loser....i'm working on it though lol.

I have a buddy that works for a physical grain trading operation, I just sent him a text to see if he has any insight. I tried googling a little but was pretty unsuccessful. How significant of a price difference is it? The stats I found said they export about 80% of their wheat

Have any of you all looked at USO relative to the CL curve? As in, are the options on USO priced according to the curve or just relative to USO? I looked at it briefly and it seems to me like they are priced just off the underlying. I know it isn't a perfect relationship, but seems there might...

Ehh, don't necessarily have a specific number in mind. For now I am just holding it. It is literally one spread lol. That is all I could get filled on at .32 that day. If it falls quite a bit further I will move down a couple strikes and add though. I think oil does still have some potential...

Good god you've got that right. I feel like it hasn't stopped raining for the past 2 weeks where I live.

Hmm, sounds like I need to add that data feed and start watching some of the less liquid spreads then. That is pretty interesting stuff. I will start paying more attention to the whole curve to better find those opportunities. I'm stopping out on that paper trade I posted for feeder/live...

That is disappointing, I forgot to add that data feed, so I didn't try doing anything with it either. Definitely seemed like a good potential opportunity. Do you think it is just where the further out months aren't as liquid, it causes those divergences?

Did you end up entering?

Your saying sell December and buy March? I don't have live data for cotton in IB, but just pulled up Barchart and saw March was down .39 compared to .09 in December. The times on the quotes usually don't line up on illiquid stuff though so probably not accurate

I put on a bull call spread for the $18/$19 strike in Jan 2016 @ .32. I don't necessarily think USO is going to come back up soon, but if things drop significantly, I will close out the short leg while it is cheap.

ZM started moving up the past day or two, I thought maybe we were about to break out of this recent range, but looks like we might be in it for a little longer.

-GFQ15/+LEQ15 @ 66.325 This is a paper trade, just following along to learn this spread better. I am thinking it will pullback some from the recent run up There is a decent possibility it will just pullback slightly and explode right on up more though, so we will see.

I'm wondering if that sept/dec wheat trade is going to come back closer to carry again. Feeder/Live cattle I am watching both April and August to see if it will pullback some from this recent run up.

Maybe they will hurry up and figure out how to mass produce graphene chips or silicene...whatever they are on currently ;)

Yeah, I am not going to mess with an outright. Too much risk given my account. Are you or tradator looking at putting the september/december wheat spread back on now that it has moved away from full carry again? Last I looked it was around 14 or 15. Also, the QUV CL fly I mentioned the other...

Tradator or futurestrader, do either of you two have any thoughts on wheat? I'm thinking about going long outright or with a call/option spread on the Sept or December contract. Seems to be a good bit of upside potential. Edit: no I'm not. Outrights have done nothing but reduce my account...

Wheat just got a nice little boost from being down. Question for you all in regards to wheat, am I wrong or is this saying there is significant upside potential to wheat right now? And, am I correct in assuming those price estimates apply to September or the December contract

I have no idea, I just hope it is positive news for this soymeal spread haha. That is all I am in currently in the ags. Are you out of that wheat carry trade now?

Yeah, I briefly got very excited thinking I was about to rent a semi and livestock trailer and start driving cows up north haha