Soybean Oil Mar 13

Discussion in 'Ag Futures' started by TraDaToR, Sep 18, 2012.

  1. TraDaToR

    TraDaToR

    Hello,

    Why is Mar so high compared to Jan and May?

    I understand why May is lower. Soy May is way lower than Mar so it's normal we don't have the usual intra crop contango on soyoil but why is Mar so high compared to Jan?

    Just bought the Jan-Mar-May fly at -40.
     
  2. stoic

    stoic

    Is it that unusual?
     
  3. TraDaToR

    TraDaToR

    No. Not at all. It's actually what is happening most years since soyoil is storable and has the same kind of curve than cocoa or coffee. But now, with the inverted curve on soy, it's strange...

    [​IMG]

    [​IMG]
     
  4. TraDaToR

    TraDaToR

    Exit @ -10.:)
     
  5. stoic

    stoic

    More details please.
     
  6. TraDaToR

    TraDaToR

    No real reason to exit. It was just my target when I initiated the trade.
     
  7. stoic

    stoic

    I was looking for more details on the trade......
     
  8. TraDaToR

    TraDaToR

    ?

    6:42 AM. 17 lots traded at that price during that time.
     
  9. stoic

    stoic


    17 what...? Puts..... calls ......? what strike......? what contracts......? at what price.......?

    All You stated was Jan. Mar. May fly @ -40
     
  10. TraDaToR

    TraDaToR

    Ah OK, sorry, the FUTURES fly( native ).
     
    #10     Oct 11, 2012