Wheat has a high volatility component to its options. I am selling a put to take advantage of that volatility with expectations that the price of Wheat will not decline drastically from here. Commodities are finding a bid with pressure on the US dollar which is a great backdrop for being long Wheat.

Sold /ZW Aug 490P for a 13.875 credit.

Share on twitter
Share on whatsapp
Share on email
More posts in