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My trades long cattle and crude
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kggonzo
Posted 3/30/2020 21:40 (#8152681 - in reply to #8152643)
Subject: RE: My trades long cattle and crude


Northeast Nebraska and Candelaria Philippines
coolhand - 3/30/2020 21:31

kggonzo - 3/30/2020 20:32

I got out at $20.81.

I'll look to get back long around $20.00 again


$1600+ is always a weak spot for me too. Make that in a day, I almost always take it.

I’m long 2 minis myself. I was pulling for your $24. That would be a great out for me. I want to get short the June and keep rolling that short to gain carry but be long somewhere 6-8 months out. I figure if the lead month finally catches traction I won’t get burned too bad as the differed will rally some. If I can roll twice I’ll be in the money for good.

Carry has really built in. I feel foolish for not acting on that 2-3 weeks ago, I new it was coming, same as the 2009 oil market.


So far, i took 1440, but left that much on the table as well... oh well, a win is a win


Edited by kggonzo 3/30/2020 21:40
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