List of calendar commodity spreads I consider to trade in May.
Buy Live Cattle: LEG18 – LEV17
long February 2018 Live Cattle and short October 2017 Live Cattle.
Optimized entry date is May 9th, I will wait for entry signal around this date. Correlation within the trading window between Live Cattle spread and seasonal patterns is higher than 90%. 93% of winning trades with average profit of 500 USD per ct in last 15 years.
Also I am watching similar spread LEG17-LEZ17.
Buy Soybean Oil: ZLZ17 – ZLU17
long December 2017 Soybean Oils and short September 2017 Soybean Oil.
The market is ranging since middle of February. Although the trading window starts on May 14th, it is possible to open the position if price break the price channel.
Another Soybean Oil I consider to trade is ZLZ17-ZLU17.
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