Consider Buying a Put Option on June Lean Hog Futures
See on the daily bar chart for June lean hog futures that prices have backed well down from the recent all-time high as it appears the air is finally coming out of this over-inflated bull market run. A downtrend line is now in place on the daily chart and prices last Friday closed at a bearish weekly low close. Consider buying a put option on June lean hog futures, with a downside price objective of $110.00, or below. The option expires in mid-June.
