Greetings: Tuesday, 08 OCT 2019
Chinese / United States of America relations and trade are again at the top of the headlines today. More of this same volatility can be expected for a while.
No new positions today and no changes in trade outlooks.
Summary of my current positions as of 08 OCT 2019:
FYI: You may click the gold-colored Trade Origination button to see the original post on the date the trade was placed.
Comment: Though Crude production domestically is down some, so is the demand. This balance seems enough to hold prices between my short strikes of 80CALL and 35PUT until option expiration on 15 JAN 2020.
Upcoming Report: USDA on Thursday 10th OCT 2019 at 12:00 noon Eastern Time: WASDE World Supply-Demand Estimates.” See the report at this link: https://www.usda.gov/oce/commodity/wasde/
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