My free sugar position struggles along, making a few ticks, then losing a couple of ticks. I’m roughly 20 ticks in the money, give or take a couple of ticks. Oh well, I have a few months of a free, no hassle position, where the worst thing I can do is break even.
I put on some grain spreads this morning. I’ve been watching the spreads for awhile, talked to some floor traders I respect, got their floor perspective, and pulled the trigger. I didn’t put on a huge size, but my positions are big enough to make some money if right. I might add to the spreads if things move in my favor, but do also have a good exit point if things don’t go so well.
This afternoon, I’m looking at condos to rent. I really gotta get out of this place.
Jeff
