Consider buying a put option on June lean hog futures.

See on the daily bar chart for June lean hog futures that prices have dropped sharply from the recent record high, including a limit-down daily price move on Tuesday. The air is finally coming out of the over-inflated hog futures market and a major top is likely in place. Consider buying a put option on June lean hog futures. The downside objective is $110.00, or below. The option expires in mid-June.

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