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Soybean Meal Is Positioned Perfectly to Decline


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The Soybean Meal (N19-2*Q19+U19) butterfly spread is set up to begin its' decline into the July expiration. The spread has profited 10 of the last 10 year and 13 of the last 15 when sold between 6/12 and 6/14 and bought on 6/24. The profit to draw-down ratio is very strong at 195%. On Wednesday, I will sell the Soybean Meal (N19-2*Q19+U19) butterfly spread at or near its' current price.



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Darren Carlat is the Managing Director of SpreadEdge Capital, LLC and is responsible for all aspects of the company's operations including market research, trading, customer satisfaction, and operations management.

In 1986, he started a 32-year career in various increasing capacities with Frito-Lay, Inc., a large snack food producer and distributor that is a division of PepsiCo Inc.. Prior to his retirement in early 2018, Darren served as an Executive in Supply Chain Operations in the company’s headquarters in Plano, Tx.

For decades, Darren has been developing, programming, and testing a wide variety of trading systems. In 2010, he finished initial development efforts on a seasonal spread trading strategy which he has continually refined, enhanced and improved. This trading system has been used for his own trading activities and is the basis of all the programs described. In 2014, he founded SpreadEdge Capital, LLC, registered SpreadEdge Capital as a Commodity Trading Advisor, and began to offer the trading program to the public. He is now dedicated to this effort full time and remains as the largest investor in the Diversified program.

Darren can be reached at (214) 636-3133, or via email at Darren@SpreadEdgeCapital.com

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