Lean hog futures are off their lows into midday, but still 22 to 27 cents in the red. USDA’s National Average Base Hog price was withheld for confidentiality on Monday morning, the Friday afternoon quote was $63.79. The CME Lean Hog Index was $74.02 on 2/6, up by another 16...
Following the strong Friday session, cotton is backing off by 33 to 96 points across the front month contracts on Monday. The weekly Commitment of Traders report showed managed money cotton traders dropped 6k existing shorts and added 11.6k new longs during the week that ended 2/6. That raised their...
Midday bean futures are gaining as much as 13 cents with the board sitting at the high for the day. Soymeal futures are also 1.5% to 2.2% in the black so far. Soy oil futures are the complex’s weak link at midday with 17 to 22 point losses. USDA’s weekly...
Live cattle futures are trading 40 to 95 cents lower so far through midday, while the nearby feeder cattle futures are up by as much as 95 cents. There are still no deliveries issued against Feb cattle, as CME confirmed the oldest dated long is now 10/20. USDA reported Friday...
The price of Bitcoin (^BTCUSD ) is up more than +4% today at a 2-year high. Bitcoin prices have recovered from last month’s 2-month low and moved higher as the success of spot Bitcoin exchange-traded funds (ETFs) has sparked the latest rally in cryptocurrency. According to Bloomberg data, nine new...
At Holdings Channel, we have reviewed the latest batch of the 44 most recent 13F filings for the 12/31/2023 reporting period, and noticed that Walmart Inc (Symbol: WMT) was held by 19 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea
Investors in MongoDB Inc (Symbol: MDB) saw new options begin trading this week, for the August 16th 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 186 days until expiration the newly trading contrac
Shareholders of Reliance Steel & Aluminum Co. (Symbol: RS) looking to boost their income beyond the stock's 1.3% annualized dividend yield can sell the December covered call at the $310 strike and collect the premium based on the $25.60 bid, which annualizes to an additiona
Shareholders of Lpl Financial Holdings Inc (Symbol: LPLA) looking to boost their income beyond the stock's 0.5% annualized dividend yield can sell the December covered call at the $260 strike and collect the premium based on the $23.60 bid, which annualizes to an additional 11%
Investors eyeing a purchase of Broadcom Inc (Symbol: AVGO) stock, but cautious about paying the going market price of $1266.14/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is
Investors considering a purchase of Qualcomm Inc (Symbol: QCOM) shares, but tentative about paying the going market price of $153.16/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particula
Investors eyeing a purchase of Analog Devices Inc (Symbol: ADI) stock, but tentative about paying the going market price of $193.53/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular
Corn is trading 1 ½ to 3 cents stronger early on Monday morning. Corn ended the Friday session a penny off the lows, which were new LoC lows for the market. At the settle the board was 3 ¼ to 4 ¼ cents in the red. March futures were down...
Front month lean hog futures firmed up into the weekend with 12 to 80 cent gains. That still had April with a net weekly drop of $2.67 going home on Friday. USDA’s National Average Afternoon Base Hog price was $1.27 weaker on Friday at $63.79. The CME Lean Hog Index...
Following the strong Friday session, cotton futures are backing off by 36 to 50 points so far on Monday morning. Old crop cotton rallied triple digits to close out last week. March’s 268 point gain on the day left the contract a net 467 points higher for the week. Dec...
At Holdings Channel, we have reviewed the latest batch of the 24 most recent 13F filings for the 12/31/2023 reporting period, and noticed that iShares Trust - iShares Russell 1000 Value ETF (Symbol: IWD) was held by 8 of these funds. When hedge fund managers appear to be thinkin
US wheat futures markets are trading fractionally to 3 cents lower on this Monday morning. The overnight session had March prices up by as much as 3 cents, and the May contract back above the $6 mark. Chicago SRW futures ended Friday 2 ¼ to 8 ¼ cents in the...
Fat cattle futures closed in the black on Friday, though off the session highs with 5 to 25 cent gains. That left April at a net $2.97 gain for the week. Feeder cattle closed mostly lower, with a $1.15 loss for August. March feeders gained 30c on Friday and a...
Soybean prices are 4 ¼ to 8 ½ cents stronger this morning as we start the new week. The July contract ended sub-$12 as the last domino to fall. The front month contracts were 9 to 10 cents in the red at the end of Friday’s trading, with March down...
At Holdings Channel, we have reviewed the latest batch of the 54 most recent 13F filings for the 12/31/2023 reporting period, and noticed that AbbVie Inc (Symbol: ABBV) was held by 32 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea