Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Hi Wheatsoy. Thank you for your great report. You certainly revealed research that I did not even think of. I did recommend to Alf that if he wanted to sell volatility he should sell a strangle. I realize that it's risky but if his attitude is the the market will remain flat then Sep offers the greatest premium. But in light of your report I would be more cautious. I recommended, and went long, Sep calls when Sep was just beginning to show a premium, .25%, over other months. But when it became a 2% premium I sold higher strike calls then I originally bought. I hope that your report will arouse some activity in the market. Fear and reality are interchangeable and adding the spec short factor is a plus. Unfortunately, the way I see it is that all the markets that I trade have been victimized by a lack of interest and have shrunk. I have my personal views about why which involve DC, but let's not go there. I wish you would post more often. Great trading to you.