Theoretical Positions: Short hedge positions from near the weekly close of $86.125 (week of April 8) could still be in place, with positions added during the previous secondary downtrend. Given [...]

Theoretical Positions: Given the lack of consistent factors in live cattle, the best strategy continues to be selling cash to take advantage of the strong basis. Trend: Sideways. Live cattle [...]

Theoretical Positions: There isn't much one can do with feeder cattle at this time. The best strategy looks to be selling cash when possible due to the futures market sitting [...]

Theoretical Positions: Despite what looks to be a bullish 2-week reversal on October's weekly chart, hedgers can continue to hold short positions. However, buy stops could be placed above the [...]

Theoretical Positions: Cash cattle have likely been hedged or sold versus the August contract. Additionally, put options could be held against cattle coming out against deferred contracts. Recall the long-term [...]

Theoretical Positions: Put options were bought during the previous uptrend. Short hedges may have been established in mid-March when August feeders took out its previous 4-week low of $264.875 (week [...]

Theoretical Positions: Continue to hold short hedges, keeping an eye out for a possible bullish reversal on weekly charts. Additionally, given August lean hogs seasonality and high implied volatility, traders [...]

Theoretical Positions: Cash cattle have likely been hedged or sold versus the August contract. Additionally, put options could be held against cattle coming out against deferred contracts. Recall the long-term [...]

Theoretical Positions: Put options were bought during the previous uptrend. Short hedges may have been established in mid-March when August feeders took out its previous 4-week low of $264.875 (week [...]

Theoretical Positions: Continue to hold short hedges, keeping an eye out for a possible bullish reversal on weekly charts. Additionally, given August lean hogs seasonality and high implied volatility, traders [...]

Theoretical Positions: Cash cattle have likely been hedged or sold versus the August contract. Additionally, put options could be held against cattle coming out against deferred contracts. Recall the long-term [...]

Theoretical Positions: Put options were bought during the previous uptrend. Short hedges may have been established in mid-March when August feeders took out its previous 4-week low of $264.875 (week [...]

Theoretical Positions: If holding short futures hedges, we need to keep an eye for a possible bullish reversal, either short-term or intermediate-term. Cash hogs held against the June contract could [...]

Theoretical Positions: Cash cattle have likely been hedged or sold versus the June contract. Additionally, put options could be held against cattle coming out against deferred contracts. June $184 put [...]

Theoretical Positions: Put options were bought during the previous uptrend. Short hedges may have been established in mid-March when August feeders took out its previous 4-week low of $264.875 (week [...]

Theoretical Positions: If holding short futures hedges, we need to keep an eye on the contract high of $109.65. Implied volatility remains high meaning buying options is too expensive. Trend: [...]

Theoretical Positions: Cash cattle have likely been hedged or sold versus the April contract. Additionally, put options could be held against cattle coming out against deferred contracts. June $184 put [...]

Theoretical Positions: Short positions could be established above the previous week's close of $99.70, with a stop above the previous week's high of $103.475. Last Thursday saw June lean hogs [...]

Theoretical Positions: Cash cattle have likely been hedged or sold versus the April contract. Additionally, put options could be held against cattle coming out through April. June $184 put options [...]

Theoretical Positions: Put options were bought during the previous uptrend. Short hedges may have been established back in early October when March feeders took out its previous 4-week low of [...]

Theoretical Positions: Cash cattle have likely been hedged or sold versus the April contract. Additionally, put options could be held against cattle coming out through April. June $184 put options [...]

Theoretical Positions: Those holding long futures would likely lift those positions near last Friday's close of $84.375, locking in a profit of roughly $8.00. Additionally, new short futures positions could [...]

Theoretical Positions: Put options were bought during the previous uptrend. Short hedges may have been established back in early October when March feeders took out its previous 4-week low of [...]

Theoretical Positions: Cash cattle have likely been hedged or sold versus the April contract. Additionally, put options could be held against cattle coming out through April. Others might've added put [...]

Theoretical Positions: Traders could be long April lean hogs from $76.375 (close the week of January 1) with additional positions added at $79.375 (new 4-week high the week of January [...]