This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on Friday, February 12, 2021.
Open Positions
Short the May 2021 Chicago Wheat at 646’6 (2/03/21). Market settled at 641’2. Marked-to-market gain of $275.
Long the March 2021 Ten-Year Notes on 137-00 (2/11/21). Market settled at 136-175. Marked-to-Market loss of $453.27.
Working Orders
Buy stop for the Chicago Wheat contract on 663’0, above recent session highs, GTC. (Remaining Risk: $812.50, plus including commission and fees)
Buy limit for the Chicago Wheat contract on 571’0, near the 200-day Moving Average, GTC. (Reward: $3,787.50, minus commission and fees)