Gold futures finished the trading week with strength. Looking at the daily chart below, I like the formation and the strength into the weekly close to confirm two trading signals I personally like:

The Blue arrow (highlighted) and the bars turning green (Highlighted as well)

To access a free trial to the ALGOS shown in the chart along with other tools? (Arrows possible buy/sell, diamonds = possible exit/ tighten stops) visit and sign up for a free trial for 21 days with real-time data.

Good Trading

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 when it comes to Futures Trading.

Futures Trading Levels

5-17-2021

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

https://mrci.com

Date Reports/Expiration Notice Dates

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

Futures Options 101 1-30-2018

January 29th, 2018 Filed under Future Trading News, Options Trading | Comment (0)

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!

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Front month for crude oil and Natural gas is March.

Front month for gold is now April.

Market Strategies using options

1. Bullish Market Strategies

Futures Options Trading
Spread Strategy Description Reason to Use When to Use

Buy a call Strongest bullish option position Loss limited to premium Undervalued option with volatility increasing

Sell a put Neutral bullish option position Profit limited to debt Small debit, bullish market

Vertical Bull Calls Buy call, sell call of higher strike price Loss limited to debt Small debit, bullish market

Vertical Bull Puts Buy put, sell put of higher strike price Loss limited to price difference Large credit, bullish market

2. Bearish Market Strategies

Futures Options Trading
Spread Strategy Description Reason to Use When to Use

Buy a put Strongest bearish option position Loss limited to premium Undervalued option with volatility increasing

Sell a call Neutral bearish option position Profit limited to premium Option overvalued, market flat, bearish

Vertical Bear Calls Buy at the money put, sell out of the money put Loss limited to debt Small debit, bearish market

Vertical Bear Puts Sell call, buy call of higher strike price Loss limited to stroke price difference minus credit Large credit, bearish market

Read the rest of this entry »

Futures Options Trading Spread Strategy	Description	Reason to Use	When to Use
Buy a call	Strongest bullish option position	Loss limited to premium	Undervalued option with volatility increasing
Sell a put	Neutral bullish option position	Profit limited to debt	Small debit, bullish market
Vertical Bull Calls	Buy call, sell call of higher strike price	Loss limited to debt	Small debit, bullish market
Vertical Bull Puts	Buy put, sell put of higher strike price	Loss limited to price difference	Large credit, bullish market

Futures Options Trading Spread Strategy	Description	Reason to Use	When to Use
Buy a put	Strongest bearish option position	Loss limited to premium	Undervalued option with volatility increasing
Sell a call	Neutral bearish option position	Profit limited to premium	Option overvalued, market flat, bearish
Vertical Bear Calls	Buy at the money put, sell out of the money put	Loss limited to debt	Small debit, bearish market
Vertical Bear Puts	Sell call, buy call of higher strike price	Loss limited to stroke price difference minus credit	Large credit, bearish market

Futures Options Trading Strategies 2.04.2016

February 3rd, 2016 Filed under Future Trading News | Comment (0)

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1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
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4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday February 4, 2016

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

A little bit about options below……If you like to download

an option eBook, click here.

Market Strategies 1. Bullish Market Strategies

Futures Options Trading Spread Strategy	Description	Reason to Use	When to Use
Buy a call	Strongest bullish option position	Loss limited to premium	Undervalued option with volatility increasing
Sell a put	Neutral bullish option position	Profit limited to debt	Small debit, bullish market
Vertical Bull Calls	Buy call, sell call of higher strike price	Loss limited to debt	Small debit, bullish market
Vertical Bull Puts	Buy put, sell put of higher strike price	Loss limited to price difference	Large credit, bullish market

Read the rest of this entry »

Futures Trading Levels & Economic Reports for 11-21-2013

November 20th, 2013 Filed under Commodity Trading, Future Trading News, Futures Trading | Comments Off on Futures Trading Levels & Economic Reports for 11-21-2013

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

For 2013 I would like to wish all of you discipline and patience in your trading!

25 Proven Options Trading Strategies

by CME Group

With more than 2.2 billion contracts (valued at $1.1 quadrillion) traded in 2007, CME Group is the world’s largest and most diverse derivatives exchange. Building on the heritage of CME, CBOT and NYMEX, CME Group serves the risk management needs of customers around the globe. As an international marketplace, CME Group brings buyers and sellers together on the CME Globex electronic trading platform and on trading floors in Chicago and New York. CME Group offers the widest range of

Options on futures rank among our most versatile risk management tools, and we offer them on most of our products. Whether you trade options for purposes of hedging or speculating, you can limit your risk to the amount you paid up-front for the option while maintaining your exposure to beneficial price movements.