Croker-Rhyne Co., Inc.

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September 16, 2021

After new several month lows last week, Soybean Oil rallied a few days…quite common…and then was down 1.53 cents today ($918 per futures). I think it is just getting started and that 200-300 points days could become the norm. Obviously I don’t know if that will be the case, or even if I am right about this, but that IS what I am expecting…and positioning for. If you think what I’ve been writing regarding a top in Soybeans makes sense, or that this is a good bet, I urge you to call me now and do something with it. Again, I don’t know what’s going to happen but I do know what I’ve seen too many times to count…where a single day’s action can make a big difference in the leverage available in a trade.

 

 

And yes, I DO still think this market is headed into the 30’s…and yes I AM in this with the intention of making a big hit. As always, I might lose every dollar I have in this trade, but I do see this as an opportunity to do exactly the opposite.

Thanks…Pick up the phone and get a piece of this…

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: Soybean Oil

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