According to data captured in Charles Schwab’s most recent Trading Services Sentiment Survey, only 10% of traders say they have a bearish outlook for the next three to six months.
Orange juice closed lower as weather in Florida remains very good for the citrus crops. The greening disease has affected crops in a big way and could cause reduced production for the next few years.
Here we will look at two options strategies that will allow a trader to take a bullish or bearish view on the market with a clearly defined risk vs. reward ratio and a price target calculated using options prices.
An extension of U.S. agriculture subsidies to late January was rebuffed by Senate Democrats, who said they won’t pass any plan sent to them by the House before the members leave Washington late this week.