Greetings: MONDAY – 22 July 2019 General Economy: There could be a 50 basis-point cut at the next Fed meeting.  Such a cut is seen as a move to support the present market conditions rather […] Read More

Greetings:  New Trades Today  18 JULY 2019 This morning, I made a closing purchase:  I bought the Crude Oil DEC19 90-strike CALL option for 0.04 ($40).  I originally sold it for $100 (.10), so the […] Read More

Greetings: TUESDAY 16 JULY 2019: New Trades today I sold the Crude Oil DEC19 $40-strike PUTs today for 0.18 ($180) Since I am already short a DEC19 90 CALL, the additional net margin was $272 […] Read More

Greetings:  Monday July 15, 2019 Trade Commentary Corn: The USDA’s WASDE report on Thursday last week went as expected, no major changes.  However, after that report Corn prices resumed a move upward.  I infer the trade […] Read More

Greetings:  Trades today  10 July 2019 Wednesday The GTC Order I put in Monday has been filled:  I bought back the DEC19 $1150-strike PUT I sold at 0.50.  My GTC order to buy it back […] Read More

Monday July 8th, 2019:  TRADE COMMENTARY Greetings:  Nice to get back to a full trading week after the short week last week with light trading, which is typical during market holiday weeks. Lots to discuss […] Read More

Greetings: July 1, 2019 TRADE COMMENTARY: My GTC (good til canceled) order to make a closing purchase on the DEC19 Crude Oil $30-strike PUT was filled Friday at 0.05 ($50).     Profit: +$80.00 per option. […] Read More

Greetings: I put in a GTC (good til cancelled) order to make a closing purchase on the DEC19 Crude Oil $30-strike PUT today at 0.05 ($50). I sold this PUT for 0.13 ($130) New Trade: […] Read More

Greetings: The breakouts in Crude Oil and Gold last week were brutal for my positions.  Hard to predict an act of war and the bandwagon effect that followed.  About half of the analysts I’ve read […] Read More

Greetings: EXITED Gold CALLs and a Crude Oil CALL this morning. Gold up over $38 per ounce this morning.  I closed out my two gold CALLS with a large loss this morning, not wanting to […] Read More