want to take a gamble on beans....what is the best and least risky way to do it? options? minis? spreads?
1) The seasonal pattern this time of year is for a price rally and volatility increase until the end of June before the "harvest decline" sets in. 2) Stay away from the mini (1,000 bushel) contract.
1) The mini-grains are illiquid and your stop-orders can have a lot of slippage. 2) Instead of the mini-bean, trade a 1-lot of corn, the 5000-bushel contract, instead.
During the "pit session" time, not too much. Overnight, if those contracts still trade, potentially "a lot".