July 8th 2016 - Issue #836
In This Issue
1. Options 101: Adding Options as a Weapon in Your Trading Arsenal - Free Webinar
2. Hot Market Report: Gold Bulls Are on a Roll; More Upside Eyed
3. Economic Calendar
1. Options 101: Adding Options as a Weapon in Your Trading Arsenal
Join us for a webinar on Jul 12, 2016 at 1:00 PM PDT.
Options on futures can be used in many different ways and as a trader you need to be aware of all the tools you can use!
Join us for a 45 -minute webinar on July 12th at 3:00 P.M., Central Time.
During this presentation, John Thorpe, Senior Broker with Cannon Trading and an ex floor trader will share with you :
* Difference between Futures and Futures Options
* Option as an Insurance product
* Two components that make up the value of an option.
a. Time Value
b. Intrinsic value
* Buying Options
*Selling Options
* Examples of Option Strategy recommendations
And much more…
This Webinar is intended for Traders with no options experience to the beginning student of options on futures, this Webinar is intended to be the first of two Webinars ending with Advanced Option Strategies.
SEATS ARE LIMITED, SO DON’T MISS THIS SPECIAL FREE WEBINAR!
Risk: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time
After registering, you will receive a confirmation email containing information about joining the webinar.
View System Requirements
2. Hot Market: Gold Bulls Are on a Roll; More Upside Eyed
From our friend Jim Wyckoff at JimWyckoff.com
Click on image below to enlarge
The gold market hit a 27-month high this week amid keen safe-haven demand due to trader and investor anxiety that is presently gripping the marketplace.
Gold bulls are in solid technical command, there are no early technical clues to suggest a market top is close at hand, and the path of least resistance for prices will remain sideways to higher in the near term.
The yellow metal bulls are now eyeing pushing prices above solid chart resistance at $1,400.00. Stay tuned!
3. Economic Calendar
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
| 07/04 Mon |
INDEPENDENCE DAY |
|
| 07/05 Tues |
9:00 AM CDT - Factory Orders(May) |
FN: Jul RBOB & ULSD(NYM) |
| 07/06 Wed |
6:00 AM CDT - MBA Mortgage Index 7:30 AM CDT - Trade Balance(May) 9:00 AM CDT - ISM Services(Jun) 1:00 PM CDT - FOMC Minutes |
|
| 07/07 Thurs |
6:30 AM CDT - Challenger Job Cuts(Jun) 7:15 AM CDT - ADP Employment Change(Jun) 7:30 AM CDT - Initial Claims-Weekly 9:30 AM CDT - EIA Gas Storage 10:00 AM CDT - API & DOE Energy Stats 2:00 PM CDT - Dairy Product Sales |
LT: Jul Cotton(NYM) |
| 07/08 Fri |
7:30 AM CDT - USDA Weekly Export Sales 7:30 AM CDT - Nonfarm Payrolls(Jun) 7:30 AM CDT - Unemployment Rate(Jun) 7:30 AM CDT - Hourly Earnings & Ave Workweek(Jun) 2:00 PM CDT - Consumer Credit(May) |
LT: Jul Canadian Dollar Options(CME) Jul Currencies Options(CME) Jul US Dollar Index Options(ICE) Aug Coffee Options(ICE) |
* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.
** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.
*** This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!
