Sunday, June 15, 2014

Hedging Upside Risk in Oil Prices for the next Thirty Days




















I took an "at the money" July call option position in MRO on Friday to protect against the risk of oil prices heading higher over the next thirty days, due to volatility in the middle east, etc.

Thursday, June 12, 2014

How Low Can Grains Go?








































Intelligence from the USDA Office of the Chief Economist (World Agriculture Supply and Demand Estimate) June 11, 2014, report (WASDE 560).

WASDE 560 the complete report

Preliminary conclusion:  Could be some money to be made on the short side of grains, somehow.