Wednesday, June 12, 2013

Corn 6/12 results

So, just prior to the release I purchase another 610 Dec call, this time for 18.7 cents... the report came out and down she the low, I saw an ask of 11 cents but bids remained at 18... then after a minute or two they settled into their current value of about 16 cent... this leaves me down 2.5 on the last one and 4.5 on the 1st.... ouch... still holding as I have plenty of time and expect to see the market return to trading the weather... Need a little love to get back to even... should be able to salvage this trade...

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