Live Cattle Spread
YOU MUST ALWAYS BE AWARE THAT THERE IS SIGNIFICANT RISK INVOLVED IN TRADING FUTURES AND/OR OPTIONS ON FUTURES AND ARE NOT SUITABLE FOR ALL INVESTORS.BUY JUNE LIVE CATTLE/SELL AUGUST LIVE CATTLE @ 2.00/TARGET -1.00/STOP -3.50
WITH A BIG OPEN INTEREST IN JUNE CATTLE & THE ROLL COMING UP BY MAY 1ST, A BOUNCE NEAR TERM IN THE MARKET OVERALL MAY PROVIDE AN ENTRY POINT FOR THE SPREAD.
INTERNATIONAL FUTURES GROUP
ANTHONY WOODS
SENIOR ACCOUNT EXECUTIVE
(800)786-4475
posted by tony woods @ 10:58 AM
1 Comments:
The cattle spread is obviously an error. June is already premium to August. You said buy June @ 200 over, with a goal of 100 over which is a loss of $400, with a minus 350 stop.
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