Ag trade ideas

I am tempted.

 

Yesterday someone bought 2000 Euronext corn put at 2.5 €/t (monster volume for this tiny market)
Today's Euronext corn at -3 €/t... Even if grains are mostly flat !
Genius spotted !
(Argentina removed its tax on wheat and corn export)

 

What a fucker! Stopped @ my entry point. Was within 4 ticks of my target 5 days ago...

 

got stopped @ -6.75, i think i'll sell again near -3.75

 

What would you buy/sell depending on the fed decision ( and dollar move ) today?

 

No idea how this is going to play out. Gold and silver are popping a lot this morning. Not sure how much volatility there will be in the ags today.

 

Short Jan/Mar/May 17 soybeans fly @ 1.

 

Long Mar/Short May16 Milling Wheat @ -4.75.

-Bosphorus tensions.
-Support on the spread and outrights.
-Low historical value.

 

Nice bounce on the beans this morning. Coming off support around 860 or so on ZSH.

 

Beans going again, bull spreading today.