Market rankings for the option trader

Wednesday commodity market rankings - 7/18/18, By Brad King

Since I wrote here last, we have added to cotton, cocoa, soybeans, and the Swiss Franc.

There is little reason to believe that cocoa options have much chance of success. Exit on strength.

The crude oil market may be worth another shot soon, as the long term trend still looks to be intact.

On the bearish side, you can reduce exposure (roll down your puts) in both coffee and lean hogs.

If you would like to position for long term trends, give me a call at 928-773-0472 or you may open an account HERE. Account applications can be completed at your convenience 24 hours/day.

For my market summary (covering 34 markets usually 2x per week) with trading ideas for both hedgers and speculators, please subscribe to my free newsletterHERE.

Happy trading.

Bullish commodity rankings

1.Crude Oil looking to buy again soon.

2.Cotton Hold longs.

3.Cocoa None will probably not be here next week.

4.Dollar Index Hold Swiss Franc puts.

5.Nasdaq 100 - Hold long calls look to reduce risk on a rally.

Bearish commodity rankings

1.Sugar - Hold long puts.

2.Soybeans - Hold long puts.

3.Coffee - Hold long puts reduce risk.

4.Lean hogs - Hold long puts reduce risk.

5.Swiss Franc - Hold long puts.

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.