Option Seasonality Trade Up-date: - - -
In Response To: Which is easier? ()

ption Trade 2/14/2020

Buy April 54 put @ 1.525
Sell April 52 put @ 1.10
Sell April 51 put @ 0.975

Total Credit $220.00 less $12.15 commissions for a profit target of $207.85
Suggested account size: $2,000.00
Targeted Returns: 10.4%
Trade duration: 73 Days Age of Trade: 34 days

Results to Date: +$107.85 = 5.39% gain on allocated margin.

Comments: Yesterday the April futures touched limit down and settled down 2.925 at 63.00 and the trade coughed up $40.00 of its gains.

We ARE looking for the seasonality high for 2020. The kill rate continues to be stronger than projected from the last H&P Report. Packers keep biding a little higher each day for the past six-days.

The carcass weights are holding firm suggesting producers still have plenty of market ready hogs in their barns.

Risk: I worry about what would happen to the price of hogs if the ASF VIRUS shows up here and exports tank. It could be a BIG problem.

Best wishes,


Messages In This Thread

The afternoon Purchase Index for - - -
Which is easier?
Re: Which is easier?
HHhhmmm!! It might be,Tim, the - - -
Re: Very thought provoking post DH
Thanks for your post, ITZ. That's exciting - -
Seasonality Option Up-date - - -
Option Seasonality Trade Up-date: - - -
Option Seasonality Up-date: - - -