The fields I've seen don't look to hold much quality product. I can't believe we're going to get a quality harvest. Corn has come back from the flooding, but the quality is horrible. We're gonna end up with a lot of feed corn, not much as far as consumable.
take a look at the SF/JY chart and the dollar chart below... seem to be fully correlated... not totally, but seems that as the buck moved up, the cross collapsed..
interesting, i got in at 5177. im already up on it, it looks to be a great trade, did you adfd more poh?
I covered my short yen at 9326 I'm still long SF.. I am not a fan of being short Yen in this environment.. It's psychological...but also techincal.. I'm going to wait to see if that spread actually turns before hopping back in... Cheers
techincals on yen are very strong, yen is seasonally weak Usually this time of the year, but that doesn't mean shit!!!! Imight do a call spread on the yen and protect myself on the upside
hey...I noticed if your gonna trade eurodollar options the ONLY way to go is through the PIT and not electronic...but for euordollar futures, the way to go is electronic and not pit...pit options on eurodollar were like 500,000 calls on the pit vs. 19,000 calls on the electronic yesterday for an example...agree?..do you call all your pit traded eurodollar option trades in?
hey guys...really enjoying this thread...a quick eurodollar futures spread question...if a spread (say Dec 08-Dec.09) reads: bid 11.00 ask 11.50 last price: 11.50 okay...say I am on the "buy/sell" side...meaning BUYDec. 08 and SELLDec. 09....I got into the trade at 7.50...now it is trading at 11.50...am I up 8 ticks X $12.50 or???? ....I understand spread trading but having trouble reading straight spread quotations...thanks guys...really want to understand as I am sure some others would also...thanks!