The May cotton contract is lock-limit lower at midday giving back 4 cents of value after Tuesday’s limit rally. May is still up by a net 208 points for the week. New crop futures are also trading in the red, though losses are less than 65 points at midday. NOAA’s...
Front month corn futures are down by as much as 1.4% at midday with the board working at or near the daily lows. The average Dec corn price was $4.66, compared to $5.91 last year, for the month of Feb’s crop insurance calculation. CME delivery data had 3 contracts put...
The month of March has U.S. wheat futures trading double digits lower led by a 4.4% loss in May HRW. The other KC futures are down by 20 to 25 cents at midday. CBT futures are trading 16 ¾ to 19 ¾ cents weaker so far. Spring wheat prices are...
Lean hog futures are trading $0.82 to $1.02 higher so far across the front months. April futures were a net $1.80 higher for the month, and are sitting at a net 45c gain for the week so far. USDA’s National Average Base Hog price was $71.42 on Friday morning. The...
Soybean futures are trading ~4c under their daily highs but still 3 ¾ to 7 cents in the black for midday. The average Nov close for the month was $11.55 for crop insurance calculation. Soymeal futures are sitting 1.5% in the black at midday. Soy Oil prices are down by...
May NY world sugar #11 (SBK24 ) this morning is down -0.57 (-2.63%), and May London ICE white sugar #5 (SWK24 ) is down -11.30 (-1.84%). Sugar prices today retreated for a second day and fell to 2-month lows. A large delivery to settle the March NY sugar contract, which...
May ICE NY cocoa (CCK24 ) this morning is up +270 (+4.46%), and May ICE London cocoa #7 (CAK24 ) is up +138 (+2.67%). Cocoa prices this morning are sharply higher on signs of deeper global cocoa deficits. Cocoa has carryover support from Thursday when the International Cocoa Organization (ICCO)...
Palantir stock is worth considerably more than its present price given its huge free cash flow and management's forecast. Shorting a 5% OTM put for March 22 expiry produces a 2.26% yield.
By now, the AI revolution is no secret to Wall Street. However, two under-the-radar, pure play AI stocks offer asymmetric reward-to-risk. In addition, these two up-and-comers have recently inked deals with AI juggernauts, offering
President Joe Biden, vowing to "do right by U.S. auto workers," launched an investigation this week into whether Chinese-made vehicles could be used to spy on Americans, a far-off threat given the few such cars on U.S. roads now.
May arabica coffee (KCK24 ) this morning is down -0.40 (-0.22%), and May ICE robusta coffee (RMK24 ) is up +46 (+1.49%). Coffee prices this morning are mixed, with robusta climbing to a 1-week high. Arabica is under pressure today after Honduras, the biggest coffee producer in Central America reported...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Pfizer Inc (Symbol: PFE), where a total volume of 197,177 contracts has been traded thus far today, a contract volume which is representative of approximately 19.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Seagate Technology Holdings PLC (Symbol: STX), where a total volume of 9,209 contracts has been traded thus far today, a contract volume which is representative o
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the ope
In trading on Friday, shares of the SPDR Bloomberg 1-3 Month T-Bill ETF (Symbol: BIL) crossed below their 200 day moving average of $91.61, changing hands as low as $91.44 per share. SPDR Bloomberg 1-3 Month T-Bill shares are currently trading down about 0.4% on the day. The c
Investors in Lamar Advertising Co (Symbol: LAMR) saw new options become available this week, for the March 15th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the LAMR options chain for the new March 15th contracts and identified the follow
Investors in Vanguard International Equity Index Funds - Vanguard FTSE Europe Exchange Traded Fund (Symbol: VGK) saw new options begin trading this week, for the September 20th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the
Investors in Analog Devices Inc (Symbol: ADI) saw new options begin trading this week, for the March 15th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the ADI options chain for the new March 15th contracts and identified the following put
Investors in Automatic Data Processing Inc. (Symbol: ADP) saw new options become available this week, for the January 2026 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 686 days until expiration the
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the BBJP ETF (Symbol: BBJP) where we have detected an approximate $73.6 million dollar outflow -- that's a 0.7% decrease week over week (from 198,297,54