OPTIONS PLAY: There Go The Beaners
Soybeans Have Established A Super Trend Higher.
MY ANALYSIS
Fundamentally, SOYBEANS could continue higher for 3 basic reasons:
1. CHINA
2. CHINA
3. CHINA
Techincally, SOYBEANS are in a SUPER TREND higher indicated by the 2 MA’s. The market may be oversold and due for a correction according to the STOCHASTICS, but this indicater can stay at extreme levels for long periods when the market is trending.
BUYING OPTIONS ON FUTURES=STAYING POWER IN TRADE
OPTIONS PLAY
BUY JULY CALLS
WE ALSO BUY IN A 3 TO 1 RATIO AN OUTRIGHT PUT IN CASE THE MARKET MAKES A MAJOR CORRECTION.
FOR A FREE REPORT ON OPTION BASICS CLICK HERE:: http://www.zaner.com/3.0/mmck5.asp
WE ARE ALSO BUYING OPTIONS IN U.S. 30 YEAR TREASURY BONDS, SILVER, GOLD, SOFTS, and OIL.
Call or email me with your phone number for a detailed explanation of the strategies 312-277-0115 or mmckinney@zaner.com.
FREE QUOTE-“If you wait to do everything until your sure it’s right, you’ll probably never do much of anything.”
Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed. The limited risk characteristic of options refers to long options only; and refers to the amount of the loss, which is defined as premium paid on the option(s) plus commissions.
FOR CUSTOMERS TRADING OPTIONS, THESE FUTURES CHARTS ARE PRESENTED FOR INFORMATIONAL PURPOSES ONLY. THEY ARE INTENDED TO SHOW HOW INVESTING IN OPTIONS CAN DEPEND ON THE UNDERLYING FUTURES PRICES; SPECIFICALLY, WHETHER OR NOT AN OPTION PURCHASER IS BUYING AN IN-THE-MONEY, AT-THE-MONEY, OR OUT-OF-THE-MONEY OPTION. FURTHERMORE, THE PURCHASER WILL BE ABLE TO DETERMINE WHETHER OR NOT TO EXERCISE HIS RIGHT ON AN OPTION DEPENDING ON HOW THE OPTION’S STRIKE PRICE COMPARES TO THE UNDERLYING FUTURE’S PRICE. THE FUTURES CHARTS ARE NOT INTENDED TO IMPLY THAT OPTION PRICES MOVE IN TANDEM WITH FUTURES PRICES. IN FACT, OPTION PRICES MAY ONLY MOVE A FRACTION OF THE PRICE MOVE IN THE UNDERLYING FUTURES. IN SOME CASES, THE OPTION MAY NOT MOVE AT ALL OR EVEN MOVE IN THE OPPOSITE
