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According to the Moore Seasonal Patterns report the High for cotton is between Mar-May.
The report only goes to 2008 though.
Did the seasonal pattern in CT change in the last 10 years?
This one shows nicely that the years with a major move upwards in March and April are the years when the price for CTZ was significanlty below $70. Today this price is above $78.
Moores Seasonal patterns go back 30 years. In his on-line service he shows 5-, 15-, and 30-years graphs.
For cotton, these lines look rather similar for this time of the year.
Changes in the seasonals for growing commodities usually occor when there are new growing areas (eg. when S and C were grown in South Americas some year ago) or growing areas are moved (eg. Coffee and Orange Juice in the nineties after some severe frost damage in Brazil or Florida, respectively).
This is directed to myrridin, I think you mentioned you bought the WZ18 600 call ? Cordier recommends selling this option, how do you think things are progressing?
