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Options Trading Concepts Live - August 12, 2025 - August WASDE Corn in Focus

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Manage episode 499831550 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Tuesday's WASDE report sent corn futures tumbling as yields came in at 188.8 bushels per acre, significantly above the 184.4 average estimate. Corn prices dropped over 3% following the announcement, though historical data shows post-August WASDE reports typically see prices recover within 21 days. The traders discussed positioning for a potential corn bounce, with Nick Batista entering a diagonal spread buying the October 400 call and selling the September 420 call for about $500. Thomas Westwater noted soybeans fared better with slightly positive numbers despite corn's selloff. Gold and silver remained focal points after recent volatility, with the team establishing neutral-to-bullish positions through iron condors and broke-wing butterflies in the 32-35 range. Markets broadly rallied with S&P futures reaching potential yearly highs while volatility plummeted, with VIX dropping below 15.

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1592 episodes

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iconShare
 
Manage episode 499831550 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Tuesday's WASDE report sent corn futures tumbling as yields came in at 188.8 bushels per acre, significantly above the 184.4 average estimate. Corn prices dropped over 3% following the announcement, though historical data shows post-August WASDE reports typically see prices recover within 21 days. The traders discussed positioning for a potential corn bounce, with Nick Batista entering a diagonal spread buying the October 400 call and selling the September 420 call for about $500. Thomas Westwater noted soybeans fared better with slightly positive numbers despite corn's selloff. Gold and silver remained focal points after recent volatility, with the team establishing neutral-to-bullish positions through iron condors and broke-wing butterflies in the 32-35 range. Markets broadly rallied with S&P futures reaching potential yearly highs while volatility plummeted, with VIX dropping below 15.

  continue reading

1592 episodes

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