OJ futures during Dorian.

Discussion in 'Commodity Futures' started by Overnight, Aug 29, 2019.

  1. Overnight

    Overnight

    I see ICE OJ futures for November are on the rise...Assuming this is in anticipation of hurricane Dorian slamming into Florida as projected over the weekend, how high could they go?

    Looks like concern about the crops started to kick in yesterday morning, and are ramping up now.

    Thoughts?
     
  2. mm2mm

    mm2mm

    Thouhgts... ok listen up...
    dont keep your longs on for too long.
    You see some money ... you take it.
     
  3. ElCubano

    ElCubano

    Please please Dorian head north
     
  4. Handle123

    Handle123

    I been buying OJ/hedged since Jan 2019, 9 year lows recently, hoping the Aug 19 lows might be it.
    We will see, I only trade looking for 50-75% 9 year range, very boring approach, have to hedge as many losses occur, wait around for that one trade finding the bottom then dozen of add-ons for sweet ride up. Start drinking OJ all, LOL
     
  5. What do you mean by buying hedged? Are you hedging by selling a back month futures contract?