Theoretical Positions: Cash sales could continue to be made given the strength in futures, cash, and basis markets. Seasonal Analysis: Bullish The August 2025 issue remains in a strong seasonal [...]

Theoretical Positions: Producers can continue to sell cash hogs when ready to take advantage of the contra-seasonal rally in futures (see below). Seasonal Analysis: Bearish June lean hogs tend to [...]

Theoretical Positions: Based on previous low implied volatility readings, put options have likely been bought. Cash cattle can continue to be sold when ready. Seasonal Analysis: Bearish The June contract [...]

Theoretical Positions: Cash sales could continue to be made. At the money May $285 puts could’ve been bought near the recent weekly close of $6.25, putting the floor near $278. [...]

Theoretical Positions: Producers may hold off on making new cash sales given the June contract completed a bullish spike reversal on its weekly chart the previous week indicating the secondary [...]

Theoretical Positions: Based on previous low implied volatility readings, put options have likely been bought. Implied volatility has since increased with June showing 16.4% at Friday’s close. Given this, cash [...]

Theoretical Positions: Cash sales could continue to be made. At the money May $285 puts could’ve been bought near the previous Friday’s closes of $6.25, putting the floor near $278. [...]

Theoretical Positions: Producers may hold off on making new cash sales given the June contract completed a bullish spike reversal on its weekly chart. This would seem to confirm a [...]

Theoretical Positions: Based on previous low implied volatility readings, put options have likely been bought. Implied volatility has since increased with June showing 16.4% at Friday’s close. Given this, cash [...]

Theoretical Positions: Cash sales could continue to be made. At the money May $285 puts could've been bought near the previous Friday's closes of $6.25, putting the floor near $278. [...]

Theoretical Positions: Cash hogs could continue to be sold. Technically, the secondary (intermediate-term) trend remains down and in line with seasonal studies (see below). Seasonal Analysis: June lean hogs tend [...]

Theoretical Positions: Based on previous low implied volatility readings, put options have likely been bought. Implied volatility has since increased with June showing 14.9% at Friday’s close. Given this, cash [...]

Theoretical Positions: Cash sales could continue to be made. Implied volatility was low at Friday’s close with May showing 14.4%. At the money May $285 puts closed Friday at $6.25. [...]

Theoretical Positions: Cash hogs could continue to be sold. Technically, the secondary (intermediate-term) trend looks to be down, in line with seasonal studies (see below). Seasonal Analysis: June lean hogs [...]

Theoretical Positions: Based on previous low implied volatility readings, put options have likely been bought. Implied volatility has since jumped, with June showing 15.7% at Friday's close. This is a [...]

Theoretical Positions: Cash sales could continue to be made. Implied volatility was moderate at Friday's close with May showing 16%. At the money May $285 puts closed Friday at $7.425. [...]

Theoretical Positions: Cash hogs could continue to be sold. Technically, the secondary (intermediate-term) trend looks to be down, in line with seasonal studies (see below). Seasonal Analysis: June lean hogs [...]

Theoretical Positions: Based on previous low implied volatility readings, put options have likely been bought. Cash cattle could continue to be sold. Seasonal Analysis: Eliminating all the noise of June [...]

Theoretical Positions: Cash sales could continue to be made. Trend: Up. May feeders extended its move to a new contract high of $284.15 before closing Friday at $282.65, up $4.45 [...]

Theoretical Positions: Cash hogs could continue to be sold. Technically, the secondary (intermediate-term) trend looks to be down, in line with seasonal studies (see below). Seasonal Analysis: June lean hogs [...]

Theoretical Positions: Based on previous low implied volatility readings, put options have likely been bought. Implied volatility has since jumped. Cash cattle could continue to be sold. Trend: Down. For [...]

Theoretical Positions: Cash sales could continue to be made. Given implied volatility remains low, put options could also be bought. Trend: Down. It's a tough call, and I don't necessarily [...]

Theoretical Positions: Cash hogs could continue to be sold. Technically, the minor (short-term) trend looks to have turned up last week, but I'd be careful with any technical patterns at [...]

Theoretical Positions: Based on previous low implied volatility readings, put options have likely been bought. Implied volatility has since jumped. Cash cattle could continue to be sold. Trend: Down. The [...]

Theoretical Positions: Cash sales could continue to be made. Trend: Down. Despite another higher weekly close, April feeder cattle remain in a secondary (intermediate-term) downtrend. Given April feeders have closed [...]