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Market rankings for the option trader.


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Wednesday commodity market rankings - 11/1/17, By Brad King

Starting with equities...we have had the chance to roll up in the money options several times thru this big run. There has not been a significant move since last week so I would simply continue to hold positions here.

I recommended selling the Swiss Franc on my newsletter yesterday. If not short, you can still buy puts or put spreads today.

I recommended exiting silver yesterday as well, just before this big move up today, but at this point I would rather be long the dollar, equities, and energy.

In energies, I like the long side of petrolium products and would like to be short natural gas on strength.

In the livestock, I like holding put options for hedgers only. Speculators should be long feeders now and/or live cattle on weakness. Today looks like a good day to roll up feeder cattle calls.

There is not much of a change in softs this week. I still like the long side of cocoa and the short side of coffee.

That's all for today. Have a great week.

For my market summary (covering 34 markets) with trading ideas for both hedgers and speculators, please subscribe to my free newsletter HERE.

Bullish commodity rankings

  1. RBOB Gas/Heating Oil - Hold long calls.
  2. Live Cattle/Feeder Cattle - Reduce risk, roll up calls.
  3. Cocoa - Hold long calls.
  4. Dow Jones - Hold long calls.
  5. US Dollar - See Swiss Franc below.
Bearish commodity rankings
  1. Wheat - Hold long puts.
  2. Coffee - Hold long puts.
  3. Corn - Hold long puts.
  4. Natural Gas - Sell strength.
  5. Swiss Franc- Buy/Hold long puts.

I have producer (agricultural hedge) positions listed on my newsletter. Subscribe HEREor give me a call.

If you would like to know more about trading commodity options, give me a call at 928-773-0472. If you would like to open an account, visit www.kingcommodities.com for the online application. Account applications can be completed at your convenience 24 hours/day.

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.



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About the author


Brad King is President of King Commodities Inc.  He has an engineering degree from Arizona State University. He became a commodities broker while living in Denver, Colorado in 1997. Brad has used his engineering background to create trading software for futures & options traders and to assist livestock and grain producers with various hedging strategies. Brad works with clients across the USA and Canada. Brad has over 18 years of experience as a futures & options broker. He publishes a commodity trading newsletter 3-4 times per week and also publishes a weekly reversal analysis with long term entry points at the beginning of each week. Brad is a technical trader and prefers to trade a trending market. When not at his desk, he enjoys fly fishing and coaching youth hockey.

To subscribe to Brad’s option trading newsletter, or to view his weekly reversal analysis, please visit www.kingcommodities.com or give him a call at 928-773-0472.

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