A seasonal trade in CME Corn calendar spread is emerging for this month.
Trade name: (-1*CU22+CH23)
Shorting Sep’22 contract against taking equal lots of Mar’23 contract long today with an exit date of August 13, 2022.
With peak weather behind us, the market takes the corn forward curve towards cost of carry, pushing this spread lower. The said trade has given positive returns for 27 times out of past 28 years, with the only exception in 2009.
For more such seasonal trade opportunities contact us at contact@agpulse.net
|
Start Date |
Entry (c/bu) |
End Date |
End (c/bu) |
P/L |
|
Jul 19, 2021 |
3.75 |
Aug 13, 2021 |
11.25 |
$375.00 |
|
Jul 20, 2020 |
18.00 |
Aug 13, 2020 |
24.50 |
$325.00 |
|
Jul 19, 2019 |
13.25 |
Aug 13, 2019 |
24.00 |
$537.50 |
|
Jul 19, 2018 |
25.25 |
Aug 13, 2018 |
25.50 |
$12.50 |
|
Jul 19, 2017 |
24.50 |
Aug 11, 2017 |
25.75 |
$62.50 |
|
Jul 19, 2016 |
15.75 |
Aug 12, 2016 |
21.25 |
$275.00 |
|
Jul 20, 2015 |
21.25 |
Aug 13, 2015 |
23.25 |
$100.00 |
|
Jul 21, 2014 |
19.75 |
Aug 13, 2014 |
25.00 |
$262.50 |
|
Jul 19, 2013 |
-31.25 |
Aug 13, 2013 |
5.50 |
$1,837.50 |
|
Jul 19, 2012 |
-37.25 |
Aug 13, 2012 |
13.00 |
$2,512.50 |
|
Jul 19, 2011 |
1.25 |
Aug 12, 2011 |
25.75 |
$1,225.00 |
|
Jul 19, 2010 |
24.50 |
Aug 13, 2010 |
28.75 |
$212.50 |
|
Jul 20, 2009 |
24.25 |
Aug 13, 2009 |
21.50 |
$-137.50 |
|
Jul 21, 2008 |
38.50 |
Aug 13, 2008 |
38.75 |
$12.50 |
|
Jul 19, 2007 |
30.50 |
Aug 13, 2007 |
33.25 |
$137.50 |
|
Jul 19, 2006 |
30.00 |
Aug 11, 2006 |
32.00 |
$100.00 |
|
Jul 19, 2005 |
16.00 |
Aug 12, 2005 |
22.00 |
$300.00 |
|
Jul 19, 2004 |
15.75 |
Aug 13, 2004 |
19.25 |
$175.00 |
|
Jul 21, 2003 |
14.25 |
Aug 13, 2003 |
17.00 |
$137.50 |
|
Jul 19, 2002 |
15.75 |
Aug 13, 2002 |
16.25 |
$25.00 |
|
Jul 19, 2001 |
21.50 |
Aug 13, 2001 |
21.75 |
$12.50 |
|
Jul 19, 2000 |
23.50 |
Aug 11, 2000 |
24.50 |
$50.00 |
|
Jul 19, 1999 |
22.75 |
Aug 13, 1999 |
24.50 |
$87.50 |
|
Jul 20, 1998 |
14.00 |
Aug 13, 1998 |
22.00 |
$400.00 |
|
Jul 21, 1997 |
9.25 |
Aug 13, 1997 |
11.50 |
$112.50 |
|
Jul 19, 1996 |
-22.50 |
Aug 13, 1996 |
-18.25 |
$212.50 |
|
Jul 19, 1995 |
4.75 |
Aug 11, 1995 |
7.25 |
$125.00 |
|
Jul 19, 1994 |
8.50 |
Aug 12, 1994 |
12.50 |
$200.00 |
Disclaimer
Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the customer based on information received/market analysis excludes any responsibility by AgPulse Analytica Pvt. Ltd.. All the information made available here is generally provided to serve as an example only, without obligation and without specific recommendations for action. It does not constitute and cannot replace investment advice. We therefore recommend that you contact your personal financial advisor before carrying out specific transactions and investments.
In view of the high risks, you should only carry out such transactions if you understand the nature of the contracts (and contractual relationships) you are entering into and if you are able to fully assess the extent of your risk potential. Trading with futures, options and similar financial instruments is not suitable for many people. You should carefully consider whether trading is appropriate for you based on your experience, your objectives, your financial situation and other relevant circumstances.
