Market Curiosity: Exploring Markets And Systems

September 13, 2013

Coffee – Nibbling long again -34% (update 1, Sept 17)

Filed under: Long Calls — Tags: — Jeff Fitzmyers @ 7:43 am

Buy DEC 24 call for 1.75
+ Commercial COT still very net long
+ Price just broke out of the 2 year down trendline.

JO daily sep 12 7.18 pst

JO – Buy Coffee (update 2 August 21 – 41%)

Update 1, September 17:
Price broke back below the trend line invalidating the reason for the trade so time to exit. -34%

JO daily sep 17 8.20.2013

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