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Trade Commentary
- 16 JUNE 2019 TUESDAY newsletter/commentary June 16, 2020
- 03 JUNE 2020 WED newsletter/commentary June 3, 2020
- 27 MAY 2020 WEDNESDAY newsletter/commentary May 27, 2020
- 19 MAY 2020 TUESDAY newsletter / commentary May 19, 2020
- 12 MAY 2020 TUESDAY newsletter/ comments May 12, 2020
About This Site
Don A. Singletary is a teacher and writer. For 25 years he was a commodity risk management (hedge) consultant for major corporations. He is the author of Option Income Training Bulletin, the only such publication dedicated to teaching small/medium personal investors how to sell commodity options for a second income, a strategy traditionally used mostly by professional investors, the wealthy, and money managers.
While this website is for subscribers only, you can get full access with a free trial subscription. Also you may visit his blog with many trade examples and articles on this valuable strategy at: SellingCommodityOptions.com
Greetings: I closed out my short MAY19 Corn 360 PUTs today at 1.125 cents (a closing purchase.) I had sold them for 3.375, so profit was 2.25 cents = $112.50
At midday Corn futures are up 5.00 cents, so I thought to myself “Thank you market,” and took the money. -Don
My Current Position Summary as of today 12FEB2019:
Short the JUN19 Crude Oil 70-strike CALL at 0.420 ($420)
Short the JUN19 Crude Oil 30-strike PUT at 0.08 ($80) GTC entered to close @ 0.02 is outstanding
Short the JUN19 Crude Oil 40-strike PUT at 0.30 ($300)
Short the JUN19 Gold 1550-strike CALL for 1.10 cents ($110)
Short the JUN19 1200-strike PUT for 1.40 ($140)
Closed: Short the MAY19 Corn 360-strike PUT at 3.375 ($168.25) Closing purchase at 1.125 cents
Short the JUL19 Corn 360-strike PUT at 3.125 ($156.25)
Note: I always use examples with a quantity of 1 (one) option per trade. This is not because I only trade one of each option, it is to keep the illustrations simple and easy to understand in the newsletter. Please remember the strategies of the trades I post here are risky, and not suitable for all traders. Posts here are for educational purposes only.
The commentary and examples are for teaching purposes only and are not intended to be a trading or trade advisory service. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein on the web site and/or newsletter, are committed at your own risk, financial or otherwise. Trading with leverage could lead to greater loss than your initial deposit. Trade at your own risk. Investors and traders are responsible for their own investment/trading decisions including entries, exits, position, sizing and use of stops or lack thereof. This is not a trade advisory service and is for educational purposes only. The content on the pages here is believed to be reliable - but we cannot guarantee it.