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Well this is interesting----

I made another $1 deposit on my final catch for the day and moments later a hunch set of lines on Dec hogs got snagged @ 64.45. I may regret playing a hunch but I was looking at the spread premium Oct has over Dec and started hallucinating that it was just too wide. On top of that, Dec has a potential breakout move that has a target @ 67.00. Since I only have a couple more weeks to work with Oct and I've been begging producers to wait for the 67.00 target for hedges------I couldn't leave it alone. So I stuck my foot in the water. I will probably get sucked under and give back part of my nice profits from today but you never know until you try. Damage control @ 63.95 targets set @ 64.70 and 64.90.

How bad is my hallucination DH, is that Oct premium on the high side. Not that it matters, since most still want to sell Dec and will not have any anxiety unless it starts closing above 65.00.

Messages In This Thread

Well this is interesting----
Re: Well this is interesting----
Re: Hogs don't seem to have
I don't think - - -
Thanks for your post, ITZ. It is - - -
Re: My dabble with Dec------
You deserve to take the rest - - -