Disclaimer here- I am jacked up on this pork situation. Gavalon TOOK ETHANOL CASH CORN ships PCN?
Do we believe this really trader wise? New highs is enough for me. Funds will buy in my opinion now is risk to bears. We have turned and it goes straight up. 800 in 5days.
Check the calls and px 90calls, up 80% ish.
I think everyone should buy lotto tickets to get em on the cards. DEC Hogs have a huge 3 yr. neckline breakout that projects to over 100 at least, and this might be biggest thing ever.
Same ND guy says bud in China said it is much worse. OK, NOW THE MARKET REALIZES IT.
Get on it or watch. I guess once a situation turns and this is a big big deal another tells me with pork supply. GAME ON in everything like I said a few months back. Lotto calls, scale down and get any bull bet on cards, calls?
Throw money away on calls. Seriously let the Pros manage this risk. Wheat- buy breaks with both hands along with corn, calls for the drought of extremes weather both ways.
Stocks are or may be here. 3 of those candles in different looks? We did that imo last fall in stocks, maybe twice off mem. Fri am higher less bearish. Lets watch breath for clues. Nasd weakest. I have levels not much higher but over this 2826 high and pivotal going forward. Month end markup, hiball the close? 401k money buys up here weaker data?
HOGS- study what happened thurs in some of those calls we should have bought, thrown money away in retrospect. This is Contract high recognition phase to me now. Today. Buy hog calls. Im thinking 90c and sell higher strike on rally, or keep em naked long. I do have some OLs here but stops .35c in this rip snortin bull market that had to hit the olive 53 buy and clean the longs first. The number that hurts greatest # of traders.
HighGround Trading LLC
425 S. Financial Place Suite 2301
Chicago, IL 60605
HighGround Trading, LLC (HGT) is a registered Introducing Broker (IB) registered under United States Laws. HGT makes no representations or warranties regarding the correctness of any information contained herein, or the appropriateness of any transaction for any person. Nothing contained herein shall be construed as a recommendation to buy or sell commodity futures or options on futures. This communication is intended for the sole use of the intended recipient. HGT is a member of the National Futures Association.
Futures and options trading involves substantial risk and is not suitable for all investors. Therefore, individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option will result in a futures position. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
All information, communications, publications, and reports, including this specific material, used and distributed by HGT shall be construed as a solicitation for entering into a derivatives transaction. HGT does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71.