The Broker: Sugar and The Eurodollar

As we suggested yesterday today was a good day to buy sugar calls and eurodollar puts. It was a down day for sugar which is good since it was cheaper to buy. The eurodollar was up which was also good since we suggested buying puts which makes them cheaper. If you entered the trade with in the money options that expire in 90 days then you have plenty of time for the trade to pay off.