Below are a few trade ideas using options that I am looking at as we head into May.
There are 10 charts below.
Of course the strike prices can be adjusted depending on your level of aggressiveness, objectives or desired premium to pay but here is a broad look at the markets that have my attention.
These can also be traded as futures contracts but those will be going out in The Cullen Outlook over the next week or so for those who get my emails. If not sign up using the link below and jump on board!
June Lean hogs:
77 puts for 1.10 ($440.00)
9.60 puts for 11 cents ($550.00)
124.00 calls for 1.20 ($480.00)
June US Dollar:
95 calls for 65 points ($650.00)
1200.0 puts for 6.5 points ($650.00)
3100 puts for 55 points ($550.00)
62.00 puts for 110 points ($550.00)
June Crude Oil:
40.00 puts for 53 points ($530.00)
June Natural Gas:
2.00 puts for 50 points ($500.00)
2025 puts for 12 points ($600.00)
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Learn Futures Technical Analysis from a Pro with The Cullen Outlook
The Cullen Outlook is a futures trading newsletter for those wishing to follow the moves of Brian Cullen, an experienced technical trader. He’ll identify charts setups, provide direct trade recommendations and plans, and share other useful insights to help you become a better technical trader.
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