Morning all, Stilling holding my Feb 9200 Wheat calls and I am still down... Checked the B/A at 822 on the March contract and it was 3.5/4.1... this doesnt sound so bad until you look at the delta.. 11%... will need 15-20 cents to B/E...
Pulled some Fib lines today using 11/29 as the high and 801 as the low... 26.30% is at 824 2/8, with the next target at 837 4/8..
5 minutes before the pit opens and we are at 821 2/8... Need some love...
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