Seasonal tendencies suggest that wheat tends to peak out & fall throughout the summer season (Wheat is just tasty grass after all). To take advantage of this tendency, we recommend the following trade strategy.
Trade Recommendation
BUY 1 SEPT WHEAT 480 PUT/ SELL 1 SEPT WHEAT 420 PUT/SELL 1 SEPT WHEAT 580 CALL
The trade is currently being executed for even money to a small credit plus commissions (there are three). Maximum profit on the trade is $3000. The trade has unlimited risk above 580 in the Sept Wheat futures contract.
Please contact us with any questions or assistance in placing these trades
Paul Brittain – 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.
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