In March of 1996, the wheat market had a one day expolsion in price during expiration. This is the ultimate example of a short
squeeze. The price rocketed from about 510 to 750 in one day. Most traders were severely caught by suprise and many thought
they were just seeing some bad data on their quote terminals. However, the data was good and a few unfortunate people took
a major hit. This was a very rare case, but it should it should remind you how dangerous trading commodities can be. Therefore,
trading after first notice date or trading very thin markets can open the door to these scenarios.
*Futures and options trading is very speculative and involves substantial risk of loss. Past performance is no guarantee
of future results. The data and information at this site are subject to change without notice. The information on this website
is for informative purposes only and in no event should be construed as a representation by this website or as an offer to sell
or solicitation of an offer to buy or sell any securities, nor is it a recommendation of any specific website or financial
Copyright 2004 TradingReview.com. All rights reserved.