9/26/17 was down -$0.31 and the model projects that the component on yesterday's kill will drop between -0.40 and -0.70 thus keeping the down trend intact as we go into the 30th continuous down-day for the CME Lean Hog Index component.

I am short some Oct 67 and 68 puts.

Dumb idea??

Nah!!

I have them covered with some short VVVs and I am harvesting some very nice, juicy option premium.

Best wishes,

dhm