Consider Buying a Call Option on December Soft Red Winter Wheat Futures
See on the daily bar chart for December soft red winter wheat futures that prices have made a rebound from the recent low, including forming a bullish “rounding-bottom” reversal pattern. The bulls have gained upside technical momentum to suggest a market bottom is in place. Consider buying a call option on December wheat, with an upside price objective of $6.50 or above. The option expires in late November.
