MURICO.com Forum

For you and all of the un-hedged - - -
In Response To: Hogs by Dennis Smith ()

producers I am sorry to see this early afternoon sell-off, Dewey. Back in April I was thinking hogs might break below 60 so I bought a 58/60 bear put spread. When the ZZZs were showing a lot of strength I sold the Dec 60 put and was running with a naked Dec 58 put. Have had to implement a 911 strategy and cover the put with a short Dec future. So far so good.

This has opened the "Gap" to -10.28 and it comes just when I was beginning to think traders were working to close it.

Best wishes,

dhm

Messages In This Thread

The final Purchase Index for - - -
Hogs by Dennis Smith
Re: Turning market perception---
I'm thinking, ITZ, that you have some - - -
For you and all of the un-hedged - - -
Re: For you and all of the un-hedged - - -