Bought Wheat Again
July 11, 2024
After recently being stopped out of our Wheat futures, I am again trying the long side and have bought today, but this time I have bought LEAP options on the WEAT etf, with an expiry in January 2026. I might also add the futures again, if I get traction and decide to add to my position. Both my Wheat and recent nickel miner purchases have very limited total risk to our portfolios, my main focus and heavy bet is still on the precious metals and miners at the moment. That is where I see the bull market action already in motion.
