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I am sorry but i can not explain this Barchart discrepancy, perhaps you should ask them to clarify.
I would suggest you use your brokers data as that is the price you will be trading at.
As Ron has already said, ignore the cash price as this is not what you are trading.
The option price is based entirely on the movement of the futures price and not the cash price, as Traderwerks has also stated.
Here is an update of the Sugar charts for anyone still in puts.
Longterm (10 renko)shows the massive short selling on the way down.
The shorter term (5 renko) shows the bullish accumalation over the past few days.
If Greek election results fail to cause the new bulls to cover in the event of another push down, then we could be close to an upside move as all the shorts from 21.23 have covered already.
If the results are favorable to the market there is ample short inventory going right back to 23.80 area to create a massive short covering rally.
Watch out for the Dollar index too, if that starts to drop that will provide further upside ammunition for prices.
I had an account at Liberty Trading from Feb 2009 to Dec 2011. Their FCM was PFG.
I left because Liberty was losing money and they charged too much for their services. I was also worried about Jefferies, PFG's clearinghouse. They had a lot of sovereign debt.
Little did I know that PFG was my biggest worry.
Thank goodness that they didn't find out about the fraud until I left.
Good to hear you got out in time. PFGBest had a lot of ag futures business according to the news. I recall in the CD-video Liberty founder and ceo, James Cordier said they were something like a 25 million fund. I wonder how much of their fund was tied up in PFG..
Ron,
How has your account been doing this year? I am down overall due to a lack of discipline on my part and staying in loosing trades too long instead of cutting my loses and moving on.
Counting only positions put on in 2012 but not currently open
I made 13 trades for 410 contracts to buy options. Lost 60k (I was very profitable on these last year)
I made 15 trades for 128 contracts to put on future spreads. Lost 4k.
I made 62 trades for 386 contracts to buy or sell futures. Made 149k.
I made 136 trades for 1,621 contracts to sell options. Made 52k. Net $31.85 per contract.
Of the 136 trades to sell options, 135 of them I rode to expiration and they ended at zero premium. Full profit. The only loser (20 contracts Aug LH 86 put) I bailed at a 5k loss, but if I had rode it to expiration, it too would have ended at zero.
The vast majority of short options were sold at a delta of 0.0100 or less. The LH loser trade was done because of a seasonal trend that went against me at first but then followed the seasonal. It was a far higher delta.