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mjhillpp

Sugar going sideways

mjhillpp  
ICEUSA:SB1!   None
SB Sugar sugar11 brazil USDBRL neutral shortcallspread options-strategy optionstrader options
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sb sugar sugar11 brazil usdbrl neutral shortcallspread options-strategy optionstrader options
Sideway action as the trend slope of the trend has become steeper.

Not saying the uptrend is over, but stalling, especially since RSI and Stochastik start to indicate some divergence.

Short call spreads seems to be good risk/reward IMHO.
Wouldn't be buying puts as the premium will deteriorate as long as the market doesn't sell off.
Aviso legal

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