Ag trade ideas
- Thread starter TraDaToR
- Start date
Out @ 17. We are running at 90% of full carry. Given we currently are at 65% on front spread( May/Jul) the chances of carrying charges increasing at the end of May are quite low so the reward is not worth the risk of holding longer. Greenie tell me if I am wrong.
If you are asking me, here was my exit.
Wheat just got a nice little boost from being down.
Question for you all in regards to wheat,
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
Lowered US and World carryout on corn couldn't push the market higher. Lowered those carryouts by around 2.5% or so, and we couldn't even sustain a 2 or 3 cent pop. Corn is so range bound right now, unreal.
Trad: You still in that cattle spread? I see it's breaking out today.
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 balance the past few months. Never mind lol changed my mind.
Edit: no I'm not. Outrights have done nothing but reduce my account balance the past few months. Never mind lol changed my mind.
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Wheat is confusing to me right now. I look at that chart and can't tell much of anything. We've come off a lot from those Russia/Ukraine rallies, and it would make sense that we are getting some kind of a bottom. There is a ton of wheat out there, and the weather seems like it was pretty good with not a lot of winter kill from what I am hearing.
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 day I locked in a .07 profit on. I only had a tiny position, but nonetheless decent profit for a fly in only a few days. Lots of interesting things taking place with all that. I know you have mentioned energies a few times so just thought I would share. Might be worth taking a look at if they move back further negative again.
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 day I locked in a .07 profit on. I only had a tiny position, but nonetheless decent profit for a fly in only a few days. Lots of interesting things taking place with all that. I know you have mentioned energies a few times so just thought I would share. Might be worth taking a look at if they move back further negative again.
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...
gone wacko again today. Everyday is up............