Market rankings for the option trader

Wednesday commodity market rankings 9/12/18, By Brad King

A few weeks ago, I noticed that feeder cattle were holding up on the weekly charts much better than most. If you were a buyer on my recommendation, use today's strength to reduce some risk. Roll those calls up.

Wheat has been replaced by cotton over the last few weeks. Buy cotton calls today.

On the bearish side, I would roll down soybean puts also. You can use the premium collected in feeders and soybeans to add to any positions in the Nasdaq and cocoa.

Happy trading.

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Bullish commodity rankings

1.Nasdaq Hold long calls add risk.

2.US Dollar Hold long calls.

3.Heating Oil Hold long calls.

4.Feeder Cattle Hold long calls reduce risk.

5.Cotton - BUY.

Bearish commodity rankings

1.Soybeans - Hold long puts - reduce risk.

2.Lean Hogs Hold long puts.

3.Coffee - Hold long puts.

4.Cocoa - Hold long puts add risk.

5.Silver Sell significant strength Be patient.

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.