Learn How to Trade Commodity Futures
Several days with no answers means you may have better luck finding the answer behind one or more of the links available here:
http://search.yahoo.com/search;_ylt=A0geu86s4lNGXYIAgWtXNyoA?p=India+options+trading+commodities&ei=UTF-8&fr=yfp-t-501&x=wrt
powered by Yahoo Answers
I hope there isn't, because I only have $2,000!
Usually they want 5000 dollars to start because of transaction fees but call them and tell them you'll have more soon. you can control 200x the amount you invest so you can control 40,000 worth of Euros but with so little if there is a move downward in the market you could get called and lose your 2K instantly. Commodities is not for the weak of heart. Its best if you have about 20K-50K to start. but you can get a practice account to see how you would be doing right now if you had that money.
powered by Yahoo Answers
Have you made any money or would you trade options or commodities instead!!
Have you read "The Complete Turtle Trader"?
I ask because this term means so many things to so many people.
In the original use of the term…Yes, I am following a breakout system now. The problem is I'm not sure I have the stomach to continue. It makes huge profits, but in between are long periods of losses. The extreme swings are killing my nerves.
powered by Yahoo Answers
Learn exactly how to trade options to make a monthly income, make a killing in the market whether it goes up or down, day trade with confidence, and much more.
Duration : 9 min 3 sec
I am new to commodities options but familiar with options on stocks. I want to buy a put option as seen herehttp://data.tradingcharts.com/futures/puts/HGU8_2008-03-05.rp.html for Sept 08 copper. I am assuming that the 240, 275, 325, and 340 are the strike prices 240 being $2.40 what I want to do is protect myself in case copper heads back down and is trading around $2.90 or so by Sept of this year. What I can't seem to figure out is the appreciation of the option contract on stocks when options go into the money they appreciated $1.00 for every $1.00 drop. What I am asking is if I buy the Sept 08 240 contract and copper is trading at $2.90 on Sept 08 how much is the option worth I assume it is worthless do to the 240 being a strike price of $2.40.
If possible could someone recommend the best option long put play for me to purchase to protect myself "if" copper drops below the $3.00 mark by Sept. Also why are there no ITM options and all OTM options to purchase?
I have never traded options on futures, so I am simply passing on what I found searching the web.
First, the underlying for the future is 25,000 pounds, not 100 pounds, and the underlying for the options is one futures contract. Hence for a deep in the money option a one cent per pound change in the price of copper will change the option cost by $250.
http://www.oxfordfutures.com/specs/copper-futures-options-contract.htm
That probably explains why you had trouble figuring out the appreciation of the option contracts.
I am pretty sure the reason you only saw OTM options is the the source you chose for quotes only showed contracts with open interest. At another source I find strike prices ranging from 195 to 800.
http://sites3.barchart.com/pl/vsn/optqte.asp?sym=HGU8
I don't think anyone can recommend "the best option long put play" for you because what is the best play for one person may not be the best play for another person wanting to do the same thing. That is like saying what is the best auntomobile insurance to buy. For one person it might be a $250 deductable, for another a $1,000 deductable, and for a third the best choice might be no collision insurance at all.
I hope this helps.
powered by Yahoo Answers
g profit from those rises and falls?
Trade in large volume to avoid losing a large percentage of your gains on transaction fees.
Don't stick to a single tactic; trade based on solid market assumptions gleaned from historic behavior of the commodity you are trading.
powered by Yahoo Answers
