Anybody riding the ZCH10/ZWH10 spread this week? It's been good so far but I wonder how much today's move in corn was a result of unwinding of bean/corn spreads... I'd love to hear some input -N
I've been in and out of this spread. Bot some corn mid week at 380 sold today at 403. Was long 380 puts as a hedge. I think it is about time for WH fundamentals to pick up some bullish news. Sitting long WH from 561 long 550 puts as hedge.
Yeah I think ZWH10 is in the gutter fundamentally, but if it can close over the 50 MA today and the dollar stabilizes a bit then I think it has some potential.
look the bottom line is ... even an "ugly betty" gets to be cinderalla at times and go to the ball ( esp if all here buddies - beans corn and commodities in general are being gobbled up by the massive inflows ) www.larepublicacultural.es/IMG/jpg_ORCAM_p.jpg
Mr. Frosty busting out the P2C parity...very nice. CH0-WH0 looks like an interesting trade after the first of the year.
I choose liberty ! www.coinfacts.com/half_dollars/capped_bust_half_dollars/1837_half_dollars/1837_half_dollar_obv.jpg and also this side of the corn ! www.nationalcollectorsmint.com/images/products/15679_med.jpg