sugar

fundamentals = down

technicals= up

volatility. v low

time to buy some options! - maybe a staddle or two?!

thoughts?

 

Sugar rally juggernut unstoppable despite a an oversupply of the commodity

 

Sugar is deemed to be a smoother trending market. Do a trade that has a bullish bias instead of straddles/strangles.

 

If crude closes above $100 then more fuel for sugar rally, but some vicious selling kicking in

 

Sweet Sweet Sugar - what a rally

 

this week's rally had more to do with worries of fluxo, a brazilian producer, getting killed on it's short hedges. the ICE had to issue a statement limiting the trading activities of fluxo. when the mkt smelled a short in trouble, they gunned the market.

 

Are you an experienced sugar trader? Where do you see sugar going?

 

i just bought 15 20.00 march 09 sugar calls for 30.0 a piece. itll either turn out to be the best or worst $4500.00 i've ever spent

 

still bullish sugar guys??

 

There is some interesting action today. Up almost 7% as of mid-day. Is it just ag-fever across the board or what? Any idea what is fueling the sugar rally today? It was flat this morning and last night after the refinery fire in Savannah.