OJ/ Coffee Random Musings

Discussion in 'Commodity Futures' started by criveratrading, May 28, 2008.

  1. ive got two coffee short at 139 and 1 more at 139.65 it gives me some wiggle room. I'm looking at an options chain on dec coffee. fuck man there is alot of premium on those way otm calls. wow makes a guy think :)
     
    #51     Jun 6, 2008
  2. morning fellas. oil is popping today, hopefully shagi's cattle do as well! I'm watching coffee and OJ I am going to initiate a long oj over the weekend. A lottery pick if you will, I dont see anything about any systems or anything but you never know. I will cover coffee, it's down slightly today. What a range this sucker has been trading in. Lots of long and short opp. my bias is still short but I'm only human. Good trading guys
     
    #52     Jun 6, 2008
  3. covered two coffee at 138.00, got a little impulsive and added two more shorts at 138.00. my bad. Oil up 5 bucks dollar getting hammered and coffee can't even break 140.00, seems weak. Will be out today either way.
     
    #53     Jun 6, 2008
  4. long two oj at 114.05, feel good bout this, make the money back i lost :) hope everyone is doing well
     
    #54     Jun 6, 2008
  5. Shagi

    Shagi

    Oh man what a day - Rtrader - Heating Oil Limit Bid Up and my longs were shaken out yesterday - sheez
     
    #55     Jun 6, 2008
  6. Shagi

    Shagi

    Thats about $10 000/ contract move in a day and I had 3 longs in
     
    #56     Jun 6, 2008
  7. ouch! man dont you hate when that happens? any other thoughts?
     
    #57     Jun 6, 2008
  8. i have a sell in for my 2 oj at 116.00 im gonna exit coffee at 138.30 for a small loss. i still had a great week, and have had a great run lately. i will be flat going into weekend. minus my livestock
     
    #58     Jun 6, 2008
  9. Shagi

    Shagi

    Coffee is still gonna tank - so i will putting on new shorts on monday

    Japanese Yen - as the carry trade unwinds its gonna shoot to the moon - billions borrowed to support the carry trade and big profits lie ahead if the unwinding is fast
     
    #59     Jun 6, 2008
  10. Shagi

    Shagi

    the only thing that can stop this mega rally is an emergency fed cut - but i think the time to give kids those sweets is over - so im agressively getting long there
     
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    #60     Jun 6, 2008