Myrrdin,
I really appreciate your reply

I know that traders look at the USDA reports for the agriculture based commodities

What specific reports do you recommend knowing and keeping an eye on, for when they are reported that can cause the most likely Limit moves ?
Mainly the one or two reports that could cause Limit locks on the grains or the Meats, etc.. ?

I learned this lesson the hard way in trading Forex, back when the Swiss crash hit, and my stops were blown through ..... I had no idea the significance of the report that was coming out and the possible impact that it could cause to CHF pairs ( I was Long the EUR/CHF ) of all pairs lol
That was a tough and expensive lesson learned

Thanks again

Interesting observation. It seems that odd prices decay at a different, perhaps slower, rate than others. For example, I have a small position in ES at 1680 and it's not decaying as fast as 1650. I'm wondering if this is a function of lower volume or if I'm seeing something that just isn't there.

My position has been out for about 14 days and the price decay hasn't been nearly as aggressive as I thought it would, 20%.

/rsm005/

Thanks for the info Ron, I'm looking to put on my first, largish position against ES next week. 75 contracts at 1650 and 25 at 1700 for Sept for a total of 100 puts. Let's see how that goes.

/rsm005/

I would consider entering the trade on Friday instead of early next week. Gives you two additional days to reduce time value.

Best regards, Myrrdin

Thanks for the info Ron, I'm looking to put on my first, largish position against ES next week. 75 contracts at 1650 and 25 at 1700 for Sept for a total of 100 puts. Let's see how that goes.

/rsm005/