Neutral Nick update - Now this is more like it

Apr 30

Neutral Nick update 4-29-11

Nick squared up his positions as he once again tries to put his broker’s kid’s threw college; while not losing the farm and hopefully adding to an already big picture.

If you remember Nick decided to play the delta bushel equivalent game; keeping 100,000 bushels of corn, soybeans, and wheat sold.

Corn Trades

These and all trades are now July options; if you remember he exit’s all trades when the July options expire. That is the good thing about this project he took on.

Sold 200 of the July 7.00 Corn puts

Sold 300 of the July 6.50 Corn Puts

Sold 90 of the July 9.00 Corn calls

Wheat trades

Sold 200 of the 9.50 calls

Sold 200 of the 9.00 calls

Sold 250 of the 8.50 calls

Sold 125 of the 7.00 Puts

All July – All CBOT Wheat

Bean Trades

Sold 130 July 13.40 Bean Puts

Sold 50 July 15.00 Bean Calls