Ag trade ideas

[jokertrader]

Funny you bring this because I actually bought KWK19-WK19 this morning @ 2.5.

Apologies for jumping in I see Kansas wheat - Chicago in the K contract at about -9
Do the same fundamentals still hold good to go long?

 

[TraDaToR]

IMO Yes.

 

[TraDaToR]

Long EHZ18-2*ZCZ18 @ 581( notional ).

- Profit margin on ethanol crush without DDG is almost null.
- Ethanol/RBOB Gasoline reversing.
- E15 year round.

Out @ 411. Didn't move.

 

[jokertrader]

Just a suggestion of course this is your thread
If u put the date before the entry might be easier to follow like
X date Long EHZ etc
So when u post the exit and reply people can see when u entered IF that’s your intent

Just a thought

 

[jokertrader]

Looking for an exchange spread on CQG but dont seem to find it for Kansas wheat - Chicago for either K or N contract.. i guess i will have to look to see which are the better odds (i do seem to get exchange margin credit.. even if i enter the 2 legs separately)

 

[greg25]

KEZWI0N9

If you would like to look at H or K just change the N

 

[TraDaToR]

Converted my ZO Z/H short in a fly Z/H/K @ 8.75.

Out @ -8.25. Good trade.

 

[ryker]

I'm still short on Z/H really wonder how low it can go. Have some to partially exit @ 11.

 

[TraDaToR]

Beware if you have more than say 20 lots... Better close tomorrow instead of the last day before FND...It can go wild on oats ...Even if you are short, you can have 10-20 ticks spreads on thursday and chase an exit.

 

[ryker]

Thanks. I got 2/3 out today between -11 and -14. Will probably exit the rest tomorrow.