Weekly Analysis: Wheat HRS
Theoretical Positions: With the market's seasonal tendency more bullish from late March through mid-May, traders could look at buying May call options. The $6.80 closed Friday at 8.0 cents, thought [...]
Theoretical Positions: With the market's seasonal tendency more bullish from late March through mid-May, traders could look at buying May call options. The $6.80 closed Friday at 8.0 cents, thought [...]
Theoretical Positions: Traders are likely on the sidelines at this time. With volatility considered moderate-to-high at 26%, I don’t see anything I’d like to do at this time. Trend: Down. [...]
Theoretical Positions: For now, new-crop July looks set to move into its seasonal uptrend. Given the high implied volatility of the new-crop contract, and the next seasonal move being bullish, [...]
Theoretical Positions: Buy stops could be placed above the previous 4-week high of $6.1125, with March Minneapolis closing Friday at $5.9525. With implied volatility of futures low and the market [...]
Theoretical Positions: Traders are likely on the sidelines at this time. With volatility considerate moderate-to-high at 26%, I don’t see anything I’d like to do at this time. Trend: Down. [...]
Theoretical Positions: For now, new-crop July looks set to move into its seasonal uptrend. Given the high implied volatility of the new-crop contract, and the next seasonal move being bullish, [...]
Theoretical Positions: Buy stops could be placed above the previous 4-week high of $6.1125, with March Minneapolis closing Friday at $5.9525. With implied volatility of futures low and the market [...]
Theoretical Positions: Traders are likely on the sidelines at this time. With volatility considerate moderate-to-high at 26%, I don't see anything I'd like to do at this time. However, it [...]
Theoretical Positions: For now, new-crop July looks set to move into its seasonal uptrend. Given the high implied volatility of the new-crop contract, and the next seasonal move being bullish, [...]
Theoretical Positions: Buy stops could be placed above the previous 4-week high of $6.1125, with March Minneapolis closing Friday at $5.9025. With implied volatility of futures low and the market [...]
Theoretical Positions: 2024 SRW wheat production has likely been sold. Traders could look at buying March futures near last Friday's close of $5.5725 based on the completion of a bullish [...]
Theoretical Positions: The majority of 2024 production has likely been sold. Based on the Krampus Countdown, the idea is to not be long wheat in December. For now, new-crop July [...]
Theoretical Positions: Buy stops could be placed above the previous 4-week high of $6.18, with March Minneapolis closing Friday at $5.9650. With implied volatility of futures low and the market [...]
Theoretical Positions: 2024 SRW wheat production has likely been sold. As for futures, traders have likely been stopped out of long positions at this time. If not, stops would be [...]
Theoretical Positions: The majority of 2024 production has likely been sold. Based on the Krampus Countdown, the idea is to not be long wheat in December. For now, new-crop July [...]
Theoretical Positions: We’ll keep an eye out for an opportunity to reown spring wheat with either futures or options. Trend: Sideways. The March Minneapolis contract continues to hold between its [...]
Theoretical Positions: 2024 SRW wheat production has likely been sold. As for futures, traders have likely been stopped out of long positions at this time. If not, stops would be [...]
Theoretical Positions: The majority of 2024 production has likely been sold. Based on the Krampus Countdown, the idea is to not be long wheat in December. For now, new-crop July [...]
Theoretical Positions: We’ll keep an eye out for an opportunity to reown spring wheat with either futures or options. Trend: Sideways. I continue to view the previous week’s new low [...]
Theoretical Positions: 2024 SRW wheat production has likely been sold. As for futures, traders have likely been stopped out of long positions at this time. If not, stops would be [...]
Theoretical Positions: The majority of 2024 production has likely been sold. Based on the Krampus Countdown, the idea is to not be long wheat in December. For now, new-crop July [...]
Theoretical Positions: Last week's selloff likely led to sales of remaining 2024 bushels. We'll keep an eye out for an opportunity to reown with either futures or options. Trend: Sideways. [...]
Theoretical Positions: 2024 SRW wheat production has likely been sold. Based on the bullish spike reversal at the end of August, Dec24 futures could’ve been bought near $5.5150. Additional Dec [...]
Theoretical Positions: The majority of 2024 production has likely been sold. Based on the Krampus Countdown, the idea is to not be long wheat in December. For now, new-crop July [...]
Theoretical Positions: Producers may have priced some expected 2024 production along the way, though it is difficult to do with wheat in general. The most recent sell signal was the [...]