Went long a ZM +Z-3*H+3*N-V double butterfly @ -2 . A combo of every under/overvalued parts of the ZM19 curve, which is giving this current awkward shape.
Out @ 2.8. Also a good trade.
Went long a ZM +Z-3*H+3*N-V double butterfly @ -2 . A combo of every under/overvalued parts of the ZM19 curve, which is giving this current awkward shape.
Long Hogs Z/G/J fly @-4.650.
This downward trend on Z/G goes against seasonals and Afrcan Swine fever.
Out@-15. Shitty trade.Long NY cocoa U/Z19 @ -2.
- The back of the curve has shifted drastically to an inversion in the last month. Commercials must be thinking 19/20 S§D will be much tighter. Didn't find anything in the news though.
-Seasonals
Didn't you have a good chance to get out at above 0? What made you hold so long?
Actually I rechecked and it didn't went positive. I went long on Nov 20th. You thought I was in for much longer I guess.Gotchya. sorry to hear man.
Out @ -6.7. Ouch.
I've had the worse luck with the hog market. The last two trades I put on - immediately in my face. Like Karma for every BBQ pork rind I've ever consumed. Cattle, fine. Grains, fine. But those Hogs...