FCX, was that a soy meal trade? Where did you get filled at? I have been watching the soy meal fairly closely here. Got out of a march vertical put spread at a small profit on the hard break this morning.
Ag trade ideas
- Thread starter TraDaToR
- Start date
Yep it was.
My fill was:
08:47:21
March-$328.5
(2)May-$323
Jul-$321
I actually was following Tradator on this one and planned to hold for more but didn't realize how much it was moving and an order I just had sitting out there got hit. Was a nice surprise to see that it hit and locked in some profit.
My fill was:
08:47:21
March-$328.5
(2)May-$323
Jul-$321
I actually was following Tradator on this one and planned to hold for more but didn't realize how much it was moving and an order I just had sitting out there got hit. Was a nice surprise to see that it hit and locked in some profit.
Gotcha, thanks.
Any thoughts on the Live Cattle April/June spread? Interesting looking chart.
I am also in this trade. I feel that front month should keep going up. Any idea of fundamentals behind this backwardation ?
Why ?
Few big traders moving the markets ?
I dont see how you can win money by moving a market outside the fundamentals. The only good reason I can think of, is when the pricing of some big volumes are based on the pricing of london wheat futures.
no liquidity.
Then, it is question of size, I am small enough to not suffer from this lack of liquidity !
it is probably a good news for you.