Wheat flat to up

21 Ağu 2017

I have a big picture tool I use that has been very good to me and it is now indicating shorting puts in wheat will be a good spot to take advantage of a sideways or climbing wheat prices. I will trade the 31 DTE options and will move down to the 30 delta strike put to give it a bit of wiggle room. Not a big trade but not much buying power is used either

24 Ağu 2017

Not

So far all is well, the direction today even helped more. just hang in there and the value will come in

31 Ağu 2017

Not

a large percentage of the theta has bled out of this trade and as a percentage of potential profit I will be closing this trade. with very good ROI.

Coverage on this trade ends