Ag trade ideas

Discussion in 'Commodity Futures' started by TraDaToR, Aug 24, 2014.

  1. TraDaToR

    TraDaToR

    Sorry. I don't know this ticker. What is it?
     
    #511     Apr 27, 2015
    FCXoptions likes this.
  2. I was just about to ask the same. And is SL = stop loss and TP = take profit?
     
    #512     Apr 27, 2015
  3. xandman

    xandman

    It's the exchange traded ticker (CQG) for the wheat spread Long Jul/Short Dec.

    I am Short Jul/Long Dec.

    stop loss 24'0 , take profit 30'0-32'0ish
     
    #513     Apr 27, 2015
    TraDaToR and FCXoptions like this.
  4. TraDaToR

    TraDaToR

    Beware the current full carry is around 30...;) There is a good chance it will go there but you can get a nasty rebound...
     
    #514     Apr 27, 2015
    xandman likes this.
  5. TraDaToR

    TraDaToR

    Long Jul Soymeal/ Short Jul Soyoil @ 12572. I am quite heavily long meal / Short oïl in my portfolio now. There is a threat threat of slowing meal demand because of Avian flu but at the same time there is large demand for soy. Big exporter sale just reported...
     
    #515     Apr 28, 2015
  6. xandman

    xandman

    Looks enticing. So you are expecting a continuation and not a reversion. Is there an exchange traded spread 1:1?

    MEALvsOIL.png
     
    #516     Apr 28, 2015
  7. TraDaToR

    TraDaToR

    Quite sure it doesn't exist. I legged in.
     
    #517     Apr 28, 2015
  8. bone

    bone

    ZM Soybean Meal Butterfly, taken as a buy by clients and documented here in February, is performing nicely and is very close to the profit target:

    [​IMG][/IMG]
     
    #518     Apr 28, 2015
    TraDaToR likes this.
  9. bone

    bone

    [​IMG]
     
    #519     Apr 28, 2015
  10. bone

    bone

    ICE Sugar Condor, taken as a buy by clients and documented here in February, is performing but at turtle-like pace. Since the front month is March 2016, there is plenty of time for this trade to develop.

    [​IMG]
     
    #520     Apr 28, 2015