Soybean Trade Recommendation

Seasonal tendencies suggest that grains rally throughout the spring, however this is a tendency only, uncertainty always exists. To hedge against downward pressure on soybean prices, we offer the following trading strategy - a 1 by 2 soybean put spread using November options.

Trade Recommendation

BUY 1 NOV SOYBEAN 880 PUT/ SELL 2 NOV SOYBEAN 820 PUTS.

The trade is currently being executed for close to even money. Maximum profit on the trade is $3000. The trade begins to lose money below 760 on the November Soybean futures contract.

Please contact us with any questions or assistance in placing these trades

Paul Brittain Email: paul@binvstgrp.com

Whitehall Investment Management of Las Vegas

www.whitehallvegas.com

There is a substantial risk of loss in trading futures and options

Past performance is not indicative of future results.

The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.