Sugar Butterfly

bone · Jul 21, 2016

We tend to like to play a bit further out in the curve than some folks... As such, we try to learn to accept thinnish, chippy markets and press on if there's an exchange supported spread product.

I had a client short this spread in April and it hit his profit target in June. The drawdowns were tolerable.

Looks like it might develop into a buy sometime in the near future. Might.

Deuteronomy_24_7 · Jul 22, 2016

bone said:
I had a client short this spread

A single client? Don't you typically put all your clients into a trade? Thanks.

bone · Jul 22, 2016

Deuteronomy_24_7 said:
A single client? Don't you typically put all your clients into a trade? Thanks.

Good point. What I meant was for me not to take personal credit for the origination of this particular spread combination entry idea, that it came from a particular client, and that this Sugar trade idea was subsequently distributed to other clients in a routine webinar. Thanks for the catch.