Enhance your trading with a series of short videos on topics such as range bars, support & resistance, parabolics, price confirmation and much more. We also take a look at a weekly chart of the soybeans futures market.
1. RECORDED WEBINAR Options 101: Adding Options as a Weapon in Your Trading Arsenal
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!
View the recorded webinar from July 12th INSTANTLY.
During this presentation, John Thorpe, Senior Broker with Cannon Trading and an ex floor trader shared and revierwed the following :
* 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
* Examples of Option Strategy recommendations
And much more…
Please fill out the form below to view the recorded webinar instantly
Options 101 Webinar
Cannon Trading respects your privacy and will never give this information to a 3rd party.
2. Hot Market: Nymex Crude Oil Prices Trending Lower
The Nymex crude oil futures market is in a six-week-old downtrend on the daily bar chart and the bears have the overall near-term technical advantage.
A drop in prices below solid chart support at $44.00 would give the bears more technical power to suggest a price drop below the $40.00 level in the coming weeks.
The bulls will have to negate the price downtrend, meaning a move above trend-line resistance at $48.00, to gain some technical strength to then suggest sideways to higher price action is forthcoming.
FN: Aug Crude Lt(NYM)
LT: Aug 2,5,10 Year Notes Options(CBT)
Aug Bonds Options(CBT)
Aug Canola Options(CBT)
Aug Wheat Options(CBT)
Aug Corn Options(CBT)
Aug Oats Options(CBT)
Aug Rough Rice Options(CBT)
Aug Soybeans,Soymeal,Soyoil Options(CBT)
8:00 AM CDT - Case-Shiller 20-City Index(May)
9:00 AM CDT - Consumer Confidence(Jul)
9:00 AM CDT - New Home Sales(Jun)
LT: Aug Copper Options(CMX)
Aug Gold Options(CMX)
Aug Silver Options(CMX)
Aug Natural Gas Options(NYM)
Aug RBOB & ULSD Options(NYM)
6:00 AM CDT - MBA Mortgage Index
7:30 AM CDT - Durable Orders(Jun)
9:00 AM CDT - Pending Home Sales(Jun)
9:30 AM CDT - API & DOE Energy Stats
1:00 PM CDT - FOMC Rate Decision
2:00 PM CDT - Dairy Products Sales
Disclaimer: This calendar is compiled from
sources believed to be reliable. Moore Research Center, Inc.
assumes no responsibility for any errors or omissions. It is meant
as an alert to events that may affect trading strategies and is not
necessarily complete. The release dates for certain economic
reports may have been rescheduled.
* 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!
RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.