April 5, 2024

History has shown that Feeders DO often move in stretches of consecutive days in one direction...With the market down 6 cents as I write, TODAY, I think the odds are high that today's new 3 month low is the beginning of one of those moves...and in fact...can easily envision this market being 30 cents lower by month's end...if not before. If you have been watching this develop, and you think my case might be valid, I urge you to stop just watching and spend some money on puts...And to be clear, I continue to believe we are going a LOT lower than I have indicated here.

CALL ME…

Bill

770-425-7241

866-578-1001

All option prices in this newsletter include all fees and commissions. All charts, unless otherwise noted, are by Aspen Graphics and CRB.

The author of this piece currently trades for his own account and has a financial interest in the following derivative products mentioned within: Feeder Cattle