Hello and welcome, in this video, I explain my outlook in soybean
Today we discuss how the grain markets weekly opening day closed and risk levels where our trades get invalidated
Soybeans are offering a short premium opportunity as price perhaps starts making a bit of a floor. I have sold a straddle at 840 w/ 45 DTE for a maximum profit of $2500. A few things made this an attractive trade such as the high implied volatility and price having reached a key support level where I hope price stays buoyed while I run out the clock and collect...
3.5 year chart is setting up nicely over next few months