Looks to me like could be sitting in a support range, at the moment volume supporting a move up and most serious resistance above not till 386 (as I remember without switching back - which will cause this comment to go away unsent :-) ). On long verticals I usually have a stronger personal sentiment so I put the long closer to the money more often skewing max p/l to favor bigger profit/smaller loss potential like this setup. I would follow this if I were doing options on futures at this point. Good luck and keep smiling!
NaughtyPines
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@Tom1trader, I don't play a ton of ag commodities, particularly not in winter, when they just don't seem to do much, but what the heck. Worth a shot ... .
Tom1trader
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@NaughtyPines, Now I think of it, with this weather a good part of the corn they got out is sitting in bins waiting for a better market, was a wet year here in rural west central MN but those conditions are different all over I guess.
NaughtyPines
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@Tom1trader, I'm in Iowa. Very wet spring with late planting and late harvest ... .
420snoop
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A call debit spread? Good luck! Cool ideas as always!