'WZ" not 'WE'
Ag trade ideas
- Thread starter TraDaToR
- Start date
Out@ -2.1 for a 1 tick loss. No move despite an other bullish piece of news out of China. No love for soymeal this year.
Out @ -5.8 (might re-enter again lower if it drops).
Put on a 4:2:1 ratio cattle crush 11/28 plan on holding into holidays
Long KW/ZW jul18 spread @ 4 this morning( you can get a better entry price by now ...
)
- Winter wheat conditions are deteriorating in HRW states like Kansas and Oklahoma for the future 2018 crop.
- Stocks to use ratios are both burdensome but more so for SRW;
-Good seasonality until expiry
)- Winter wheat conditions are deteriorating in HRW states like Kansas and Oklahoma for the future 2018 crop.
- Stocks to use ratios are both burdensome but more so for SRW;
-Good seasonality until expiry
Really like this trade. I’m long KW outright and long ZW/ZCLong KW/ZW jul18 spread @ 4 this morning( you can get a better entry price by now ...
- Winter wheat conditions are deteriorating in HRW states like Kansas and Oklahoma for the future 2018 crop.
- Stocks to use ratios are both burdensome but more so for SRW;
-Good seasonality until expiry
LEM:GFF:ZCH
Also for December, deliveries of SRW at the exchange > expected whereas HRW deliveries < expected. It supports the theory.
Perhaps your exit wasn't the best, but your entry was damn good.
