Pure Hedge – Livestock and Grain

Bill AllenGeneral Commentary Leave a Comment

1/2/25

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                                                                           PURE HEDGE

     Good morning, below you will see levels you can lock in for a hedge, or trades that would make you short the Soybean Market. March’25 Soybeans settled at 1010 ¼ on Tuesday 12/31/24. If the Soybean Market opens higher today, then these trades would become less expensive, and I would recommend rolling the strikes higher, or closer to ‘at the money’. The Soybean Market is overvalued and presents an opportunity to Hedge at higher prices now, or to put on a short position. The South American Soybean crop is going to be record breaking, and there is still a big carryover. China has been stock piling Soybeans for a year and decreasing US purchases as well. I think it’s likely we will see the bottom of the market when we see real number from South America, especially from Brazil. If you are interested in any of these Soybean trades, or any other Market, just let me know. I can structure Hedges or Trades in any Market. 

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THE TRADES LISTED BELOW ARE BASED ON MY MARKET OPINION ONLY, ARE SPECULATIVE TRADES AND REFLECT MY LONG-TERM MARKET OUTLOOK AND DOES NOT INCLUDE FEES AND COMMISSIONS.

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                      Theses trades were structured today, 1/2/25, using last sessions settlement prices. 

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                               March’25 Soybeans were 1010 ¼ when these trades were structured. 

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Buy 1 March’25 960 Put 9 ¼ 

Price: 9 ¼    Cost: $462.50/Trade Package, Plus Fees and Commissions

March’25 Soybeans Expire 2/21/25 (50 Days)

MAXIMUM LOSS: LIMITED

Margin $2,200.00/Contract

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Buy 1 March’25 980 Put 14 5/8 

Price: 14 5/8    Cost: $732.25/Trade Package, Plus Fees and Commissions

March’25 Soybeans Expire 2/21/25 (50 Days)

MAXIMUM LOSS: LIMITED

Margin $2,200.00/Contract

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Buy 1 March’25 1000 Put 22 1/8 

Price: 22 1/8    Cost: $1,106.25/Trade Package, Plus Fees and Commissions

March’25 Soybeans Expire 2/21/25 (50 Days)

MAXIMUM LOSS: LIMITED

Margin $2,200.00/Contract 

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Sell 1 March’25 1100 Call 4 ¼ 

Buy 1 March’25 930 Put 4 ¼ 

Price: Even    Cost: $0.00 or Even/Trade Package, Plus Fees and Commissions

March’25 Soybeans Expire 2/21/25 (50 Days)

MAXIMUM LOSS: UNLIMITED

Margin $2,200.00/Contract 

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Sell 2 March’25 1100 Call 4 ¼ 

Buy 1 March’25 950 Put 7 1/8 

Price: 1 3/8 Credit  Cost: $68.75 Credit/Trade Package, Plus Fees and Commissions

March’25 Soybeans Expire 2/21/25 (50 Days)

MAXIMUM LOSS: UNLIMITED

Margin $2,200.00/Contract 

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Sell 3 March’25 1100 Call 4 ¼ 

Buy 1 March’25 970 Put 11 ½ 

Price: 1 ¼ Credit   Cost: $62.50 Credit/Trade Package, Plus Fees and Commissions

March’25 Soybeans Expire 2/21/25 (50 Days)

MAXIMUM LOSS: UNLIMITED

Margin $2,200.00/Contract 

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CURRENT PRICE AND CURRENT VALUE REFLECTS TODAYS BID AND OFFER PRICE ONLY 

AND WILL CHANGE OVER TIME AND WITH VOLATILITY. THERE IS SUBSTANTIAL RISK OF 

LOSS TRADING FUTURES AND OPTIONS.

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If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now 

-Bill

312-957-8079

I have market commentary and option charts in 

Pure Hedge – Livestock

Pure Hedge – Grain   

at WWW.WALSHTRADING.COM 

Call for specific trade recommendations.

1-312-957-8079 

Email me for free research. 

[email protected] 

Bill Allen

Senior Account Executive

Direct:      1 312 957 8079

[email protected]

WALSH TRADING INC.

311 South Wacker Drive

Suite 540

Chicago, Illinois 60606

www.walshtrading.com

Walsh Trading, Inc. is registered as a Guaranteed Introducing Broker with the Commodity Futures Trading Commission and an NFA Member.


Futures and options trading involves substantial risk and is not suitable for all investors. Therefore, individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option will result in a futures position. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. The information contained on this site is the opinion of the writer or was obtained from sources cited within the commentary. The impact on market prices due to seasonal or market cycles and current news events may already be reflected in market prices. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. 

All information, communications, publications, and reports, including this specific material, used and distributed by Walsh Trading, Inc. (“WTI”) shall be construed as a solicitation for entering into a derivatives transaction. WTI does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71.

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