Market rankings for the option trader

Thursday commodity market rankings 10/11/18, By Brad King

Since I wrote here a few weeks ago we have had a chance to reduce exposure to the Nasdaq and heating oil. Although I dont want to rush into adding risk to energies, I think it may be a great time to add to risk in the Nasdaq. It is an understatement to say that you can now buy it cheaper.

Although feeders have been in a range, I am still friendly to this market. Buy today or roll down you calls.

I no longer wish to hold risk in the short Australian Dollar or long USD. My recommended exit was earlier this week.

If you are looking for a 5th trade to add to the bullish list, I am looking at gold, but would prefer to buy weakness.

Give me a call at 928-773-0472 if you have questions regarding my ideas or would like to discuss my services.

Happy trading.

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Bullish commodity rankings

1.Nasdaq - Hold long calls - add.

2.Feeder Cattle - Hold long calls - add.

3.Heating Oil - Hold long calls.

4.US Dollar - None.

Bearish commodity rankings

1.Lean Hogs - Hold long puts.

2.Cocoa - Hold long puts add risk.

3.Soybeans - Hold long puts.

4.Coffee - None.

5.Silver - Hold long puts.

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.