Note About Recent Volatility:
The current trading environment is quite volatile and unpredictable to say the least. Most of our clearing houses have temporarily raised intraday margin requirements. Intraday price swings have been considerable. Be aware, be careful, don’t jump into stormy seas if you are not an experienced swimmer.
Many of us brokers here at Cannon have been around for many years and have seen some very wild times, such as during the COVID pandemic, the housing bubble collapse in 2006-2007 and the 9/11 terrorist attack in 2001. Some were trading during the Oct. 1987 crash. So, feel free to reach out to our experienced group. We are here to help.
First Notice & Last Trading Days:
Below are the contracts which are entering First Notice or Last Trading Day for the upcoming month. Be advised, for contracts that are deliverable, it is requested that all LONG positions be exited two days prior to First Notice and ALL positions be exited the day prior to Last Trading Day. If you have any questions please contact your broker.
Daily Levels for August 7th, 2024
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* 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 here in 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 judgement in trading.