Ag trade ideas

[TraDaToR]

Short ZWAS2N5 SL 24 TP 30-32

Sorry. I don't know this ticker. What is it?

 

[FCXoptions]

I was just about to ask the same. And is SL = stop loss and TP = take profit?

 

[xandman]

It's the exchange traded ticker (CQG) for the wheat spread Long Jul/Short Dec.

I am Short Jul/Long Dec.

stop loss 24'0 , take profit 30'0-32'0ish

 

[TraDaToR]

Beware the current full carry is around 30... There is a good chance it will go there but you can get a nasty rebound...

 

[TraDaToR]

Long Jul Soymeal/ Short Jul Soyoil @ 12572. I am quite heavily long meal / Short oïl in my portfolio now. There is a threat threat of slowing meal demand because of Avian flu but at the same time there is large demand for soy. Big exporter sale just reported...

 

[xandman]

Looks enticing. So you are expecting a continuation and not a reversion. Is there an exchange traded spread 1:1?

 

[TraDaToR]

Quite sure it doesn't exist. I legged in.

 

[bone]

ZM Soybean Meal Butterfly, taken as a buy by clients and documented here in February, is performing nicely and is very close to the profit target:

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[bone]

 

[bone]

ICE Sugar Condor, taken as a buy by clients and documented here in February, is performing but at turtle-like pace. Since the front month is March 2016, there is plenty of time for this trade to develop.