Thursday, March 19, 2015

Get A Pull Back?

My plan:

Indices futures site at yesterday's low after unemployment claims higher than expected and CPI tilted up 0.2% last month. I expect a pull back to 2097 from current 2109 if a push up attempt to 2114.75 is failed. Hypo 2 it a new high of 2120. My plan is to sell FOTM/Date puts base on Karen's set up.

Corn and soybean made attempts to move up. Wheat is still sitting at lows. I may try to sell couple calls in corn with free margin. My main plan is still reduce risk and size.

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