wantonwallet

Favorite idea for 6mo term: Long Rice, Short Soybean

wantonwallet 업데이트됨   
Can be taken on CME, basically exactly 2 ZR contracts long per 1 contract ZS short. I am very convicted of this one.

Peep the CoT

I'm not a CoT trader, but last time Comms were short this qty, we roof-pulled on Rice. Crazy illiquid contract/asset so that's going to happen. Big believer that agriculture futures are a totally trash garbage market masquerading as a mature market, so you get these kind of silly behavior when there is any real price discovery on the assets. Best way to max that edge is by taking a spread position in one liquid market vs one position in the inefficient market (the market that is so illiquid and inefficient that it really shouldn't exist). You won't always be right, but sometimes you will and that's enough.

코멘트:
I adore it here at 121.82 on the spread. Taking here.
코멘트:
165.8 at the moment, I took most profits, will hold the last bit until the end.
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