Market rankings for the option trader

Tuesday commodity market rankings - 9/12/17, By Brad King

There are not many changes today to our rankings but there are opportunities to add/reduce risk going into the end of the week.

If you are long the Dow Jones (see my newsletter) or short lean hogs, roll your options to a lower premium position to reduce some risk.

I am recommending rolling bullish Euro positions into the Canadian Dollar. The Canadian looks to be stronger despite its relative weakness today.

You may add risk to positions in gold and heating oil today. Roll down your calls.

We have seen a dip in the cotton market over the last few days. Buy calls now.

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Bullish commodity rankings

  1. RBOB/Heating Oil - Roll down calls to add risk.
  2. Gold/Silver - Rolldown calls to add risk.
  3. Canadian Dollar - Buy calls.
  4. Cotton - Buy calls.
  5. Soybean Oil - Hold long calls.
Bearish commodity rankings
  1. Wheat - Hold long puts.
  2. Lean Hogs - Roll down puts.
  3. Corn - Hold long puts.
  4. Coffee - Hold long puts.
  5. US Dollar - See the Canadian Dollar.

I have producer (agricultural hedge) positions listed on my newsletter. Subscribe HEREor give me a call.

If you would like to know more about trading commodity options, give me a call at 928-773-0472. If you would like to open an account, visit www.kingcommodities.com for the online application. Account applications can be completed at your convenience 24 hours/day.

DISCLAIMER: THE RISK OF TRADING FUTURES AND OPTIONS (LEVERAGED MARKETS) IS SUBSTANTIAL, THEREFORE ONLY "RISK" FUNDS SHOULD BE USED. The valuation of such may fluctuate, and as a result, clients may lose more than their original investment. In no event should the content of this information be construed as an express or an implied promise, guarantee or implication by or from King Commodities that you will profit or that losses can or will be limited in any manner whatsoever. Information provided is intended solely for informative purposes and is obtained from sources believed to be reliable. This is a solicitation for futures and options trading. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Past results are no indication of future performance. King Commodities expressly disclaims all liability for the use or interpretation by others of information contained in this article.