Shorting June 2021 - Dec 2020 ContangoIt looks like there's a good opportunity coming up on this one. Selling into strength seems reasonable.
Calendarspread
$EEM Iron Butterfly OpportunityIf you follow my ideas you know that I like to be neutral more often than not. I originally was looking at a Calendar spread for $EEM but decided that an Iron Butterfly would be the better trade. It has wider breakevens to cover the majority of the recent range, as opposed to the Calendar, which would require an increase in IV to expand its range. Typically, IV rises when price drops, so Calendars should be slightly short, which I don't want to be here. 8/23 weeklies have attractive pricing.
$MU Calendar Spread Opportunity$MU just had earnings and traded way up again today. Right now I'm looking at this "congestion zone" that the stock had back in February - March of this year. I think that if $MU keeps going that it might stall out here in this zone, and that might be a good opportunity to buy a Calendar spread on $MU - a trade that takes advantage of increasing IV. I have had success buying calendars on $MU in the past.
#ZS_F $ZS_F #Soybeans – BULL SPREADI built a calendar bull spread ZSQ19-ZSU2019. It has nice potential. RRR 2,5.
Entry about 3,0
PT 8,0 ($550)
SL -6,0 ($150)
#OJ_F $OJ_F #OrangeJuice – BULL SPREADA bull spread OJK19-OJN19 is quite low and it offers interesting RRR. COT analysis confirms an oversold state of a market.
Entry -1,5
SL -2,0 ($75/contract)
PT 0,0 ($225/contract)
Opening Double Calendar Feb/Mar 122 Puts 124 Callswww.tradingview.com
for a debit of 1.20/contract.
At open, Theta 1.8 and Delta -1.65.
Chart 2 weeks per candle.
Bottom panel shows % move adjusted to approx. breakeven prices and the historic occurence % of those moves. Xs (top=up, bottom=down) plot for
each occurence and the red green lines show percentage for the selected number in the PriceMove indicator settings (published).
Using the guidelines of monthly move of less than $10 (Plus / Minus 10 shown in fuchsia ahead of last candle)
and (per TW platform analysis) ratio of > .5 (max profit)/debit at expiration
This looked okay, we will see. My mentor on these looks only nearer monthly expriation times so 20-30 dte on short leg and long 50-60 dte.
Placed an immediate 25% ($30) closing order and will watch closely as goal of 25-50% of debit.
Will shoot for higher % up to 50 when can watch it.
If price reaches a breakeven I add a calendar ATM if 10 dte remaining and if not, I take off the position.
Categories tricky for the way I trade but overall price movement and limits will fit into support and resistance.
#LE_F $LE_F #LiveCattle – BEAR SPREADA bear spread LEQ19-LEM19 has a good potential to grow. Enter 3,0 / SL 3,5 ($200/contract) / PT 2,0 ($400/contract)
#LE_F $LE_F #LIVECATTLE - Bear SpreadBear Spread LEQ19-LEM19
Entry -3,0
SL -3,5 ($200/contract)
PT -2,0 ($400/contract)
#ZC_F $ZC_F #Corn – BEAR SPREADThe corn bear spread offers quite nice RRR 1:2. I have already entered at 4,0. My SL is set at 3,0 ($50/contract) and my PT at 6,0 ($100/contract).
Looking for EWZ to retrace as it should. Patience on re-entry.Trading EWZ with options.
Calenders and Verticals in specific.
looking for a retrace so im open ended on the position to the down side.
Im long term Bullish.
Short term Bearish.
Also note, if retracement actually matures, it will leave a bearish formation producing resistance levels.
The market will have to fight back a little harder to bring back the current high levels.
GL luck all
#ZC_F $ZC_F #Corn – BEAR SPREADThis bear spread is quite cheap. I see a potential to grow to price 6,0. There is a strong S/R zone. Entry 4,0 / SL 3,0 ($50/contract) / PT 6,0 ($100/contract)
#ZW_F $ZW_F #Wheat – BEAR SPREADI built a bear spread ZWU19-ZWN19. There is still a chance, that the price in Wheat will rise to 550. Therefore I wait for good timing. However, it is good to have a plan already. I await an entry about 5,0, SL 4,0 ($50) and PT 10,0 ($250).
#ZS_F $ZS_F #Soybeans – BULL SPREADI built a bull spread ZSQ19-ZSU19. A possible Entry point could be around 0,0. SL -5,0 ($250/contract) and PT 10,0 ($500/contract).
#NG_F $NG_F #NaturalGas - Bear spreadCOT analysis in Natural Gas confirms an extreme overbought state of a market. That is why I built this bear spread, which is quite cheap yet. There is very nice potential in this trade. I already opened a position at 0,025 with PT 0,040 ($150/contract) and SL 0,020 ($50/contract). The price could do some corrections before it will go up.
#CT_F $CT_F #Cotton - Bull spreadI built a calendar bull spread CTK19-CTN19. A possible entry is at the price -1,20 with SL -1,40 ($100/contract) and PT -0,50 ($350/contract).
#NG_F $NG_F #NaturalGas - Bear spreadThe price of natural gas is quite low so I ordered a position about 0,025. SL 0,020 ($50/contract) and PT 0,040 ($150/contract).
#OJ_F $OJ_F #OrangeJuice - Bull spreadOrange Juice price is a bit oversold and a bullish correction could come very soon. I built a bull spread OJF19-OJH19 and I wait for an entry about -1,50 with SL -2,50 ($150/contract) and PT 2,00 ($525/contract).
#ZW_F $ZW_F #Wheat - Bear spreadA breakout has come and a price reached my PT. Nice profit of $200/contract.
