Futures Commentary and Analysis

Back

Market rankings for the option trader.
Brad King - IF - Wed Oct 11, 11:12AM CDT

Wednesday commodity market rankings - 10/11/17, By Brad King

In the last week we have had our opportunities to rotate into a few new markets. I now prefer the Canadian dollar over the British Pound, have recommended selling coffee and sugar, while adding risk to long heating oil positions.

I will update rankings again next week here. Due to recent low volatility price movement, there is not much needed in the way of adjustments today. If you have been riding the Dow Jones, roll up your calls.

For my market summary (covering 34 markets) with trading ideas for both hedgers and speculators, please subscribe to my free newsletter HERE.

Bullish commodity rankings

  1. Heating Oil - Hold long calls.
  2. Cocoa - Buy/Hold long calls.
  3. Feeder Cattle - Hold long calls.
  4. Dow Jones - Roll up calls to reduce risk.
  5. Canadian Dollar - Buy/Hold longcalls.
Bearish commodity rankings
  1. Corn - Hold long puts.
  2. Wheat - Hold long puts.
  3. Coffee - Hold long puts.
  4. Sugar - Hold long puts.
  5. Japanese Yen - Hold long puts.

I have producer (agricultural hedge) positions listed on my newsletter. Subscribe HEREor give me a call.

If you would like to know more about trading commodity options, give me a call at 928-773-0472. If you would like to open an account, visit www.kingcommodities.com for the online application. Account applications can be completed at your convenience 24 hours/day.

DISCLAIMER: THE RISK OF TRADING FUTURES AND OPTIONS (LEVERAGED MARKETS) IS SUBSTANTIAL, THEREFORE ONLY "RISK" FUNDS SHOULD BE USED. The valuation of such may fluctuate, and as a result, clients may lose more than their original investment. In no event should the content of this information be construed as an express or an implied promise, guarantee or implication by or from King Commodities that you will profit or that losses can or will be limited in any manner whatsoever. Information provided is intended solely for informative purposes and is obtained from sources believed to be reliable. This is a solicitation for futures and options trading. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Past results are no indication of future performance. King Commodities expressly disclaims all liability for the use or interpretation by others of information contained in this article.


Back
Markets: Currencies - Energies - Financials - Grains - Indices - Meats - Metals - Softs - Full List Contact Us