When hedge fund managers are faced with macro pressures, the hedging occurs at the index level first before the risk positioning hits individual names like WMT stock.
Cotton futures are falling 55 to 65 points across most contracts on Tuesday. Crude oil is up $3.89 on the day. The US dollar index is another $0.798 higher at $99.135. Uncertainty with China, as they have...
Soybeans are showing steady trade on Tuesday, with contracts within a penny of unchanged. There were another 27 deliveries issued overnight. The cmdtyView national average Cash Bean price is down 3/4 cent...
The wheat complex is mixed on Tuesday, with hard red contracts seeing gains. Chicago SRW futures are down 3 to 6 cents across most contracts. KC HRW futures are steady to a penny higher. MPLS spring wheat...
Corn futures are showing slightly mixed trade on Tuesday, within a penny of unchanged. The CmdtyView national average Cash Corn price is up 1/4 cent to $4.05. USDA reported a private export sale of 196,000...
Live cattle futures are showing 10 to 90 cent gains at Tuesday’s midday. Cash trade was late last week, with Southern action at $244 and Northern sales from $239-243. Nothing has been reported so far...
Lean hog futures are showing contracts within 40 cents of unchanged at midday. USDA’s national base hog price was reported at $91.84 on Tuesday morning. The CME Lean Hog Index was 25 cents higher on...
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Shorting cash-secured put options on Micron Technology (MU) can yield huge returns. A 2-month away put option yields 9.6% for a strike price 9% lower. And a one-month expiry put that is 9% lower has a...
May NY world sugar #11 (SBK26 ) today is up +0.06 (+0.43%), and May London ICE white sugar #5 (SWK26 ) is up +1.70 (+0.41%). Sugar prices are moving higher today, supported by surging crude oil prices....
May ICE NY cocoa (CCK26 ) today is down -4 (-0.13%), and May ICE London cocoa #7 (CAK26 ) is up +20 (+0.94%). Cocoa prices are mixed today as prices consolidate recent losses. Currency fluctuations are...