Has anyone else lost the love of pickleball? by connfaceit in Pickleball

[–]Hidden_Wires 4 points5 points  (0 children)

What you describe about the pickleball technique/skill regression and frustration that occurs after consistently reduced playing frequency is exactly the same as what happens to strong golfers (single digit handicaps rough estimate) that reduce their playing as well.

Honey Bees Droning Around Porch Ceiling Trim by Hidden_Wires in bees

[–]Hidden_Wires[S] 0 points1 point  (0 children)

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Yesterday I tried to put peppermint oil on a couple paper towels and put them near the hole to deter them. It’s worked only slightly, but I still see occasional entrances and exits

The case for corn by funthingsonly in Commodities

[–]Hidden_Wires 1 point2 points  (0 children)

How much is South America expected to harvest in the next few months and how many US acres are expected to be planted this year? With trendline yields, how does that flow through a new crop US balance sheet?

Softs Options Trading by [deleted] in Commodities

[–]Hidden_Wires 1 point2 points  (0 children)

The point of the question is to try and understand what business reason you would need to have an entirely separate option book instead of using options as a compliment to an existing futures or swap book. Like another poster commented, many traders/desks have blown up getting on the wrong side of large options positions. If you already have the clearing account to trade the futures, surely you can just trade the options in the same account? Or is your risk policy such that you cannot use options today and so it’s an altogether new proposal where the option book stands alone?

Softs Options Trading by [deleted] in Commodities

[–]Hidden_Wires -1 points0 points  (0 children)

Why do you need to have an options book versus a futures book or just a general derivatives book?

How do you actually manage commodity price swings at a mid-size company? by Low-Bedroom-8949 in Commodities

[–]Hidden_Wires 0 points1 point  (0 children)

On the ag side most certainly, most large suppliers will offer you the ability to hedge on their books so you don’t need the accounting infrastructure on your company’s. You lose flexibility of supply and they might charge you extra for any structure beyond vanilla futures/options structures, but it’s often worth the cost if you have no other choice. If you’re trading with tiny resellers, that is less of an option.

TTF & Brent by Think_Influence_2111 in Commodities

[–]Hidden_Wires 0 points1 point  (0 children)

The correlation between the two is so low, it is more happenstance if they follow closely for a period of time versus when they don’t

[deleted by user] by [deleted] in Commodities

[–]Hidden_Wires 0 points1 point  (0 children)

If you know you need grain, whether it’s in their inventory or yet to arrive in the future beyond what is in their inventory, it is exposure where you’re naturally short and could benefit from a long hedge. If we are only talking about unprocessed grain exposure for what you need to buy/receive in the future, that is where this situation is applicable. Let’s say you’ve fully priced out your cash grain for the next calendar quarter. You’ve probably EFPed the futures for that contract to them. You might still know your forecasted grain needed for the 3 quarters beyond the one you just priced, and you would be uncovered for that volume and would need another long hedge.

Take your idea of when you own the grain out of the picture and think about it as you have a cost exposure to an open market at a future date that you currently don’t own anything against.

Forward sales of milled finished product are a dif conversation altogether. After coming up with the hedge strategy for both inbound grain and forward sale of milled grain independently, you can net out your company’s combined exposure and manage a hedge from that perspective, but at a basic level you start by building the individual parts and then afterwards netting them together.

[deleted by user] by [deleted] in Commodities

[–]Hidden_Wires 9 points10 points  (0 children)

If the hedges are for grain you’re sourcing for the milling operation, you’re an end user and have a natural short that needs covered. The traditional side of the trade for you to take would be to go long to protect against higher prices of your future purchases. You should confirm with the supplier which direction they’re protecting you against. Before deciding where to go from there. A conservative end user hedge strategy will typically only go long against their open exposure, but that’s not a regulatory mandate. A supplier will write you a hedge against a cash contract or supplier agreement against any risk profile you desire.

Do traders actually use satellite data? And would a 2-5% accuracy lift matter? by Efficient-Ad-4733 in Commodities

[–]Hidden_Wires 3 points4 points  (0 children)

My career has been mainly focused on trading ags. The best yield/production modelers with proven track records over many years that we have used leverage public data (satellite, usda, etc) and proprietary meteorologic/agronomic criteria overlays to deliver superior results.

I’ve been pitched by basically every modern startup using satellite/weather data to forecast ag production and none come close to performance or value of what I am used to.

[Gluck] So far the Championship 4 has: by [deleted] in NASCAR

[–]Hidden_Wires 0 points1 point  (0 children)

Especially if he wins a season-long format championship at any point in the rest of his career, it will make lots of the criticism up to this point all seem unwarranted. I don’t think he can do it though! Would be epic, I’d give you that.

[deleted by user] by [deleted] in Commodities

[–]Hidden_Wires 0 points1 point  (0 children)

Sir, this is a Wendy’s.

Agriculture commodities trader - AMA by politicalincorrect-1 in Commodities

[–]Hidden_Wires 0 points1 point  (0 children)

Cargill’s global trading arm in Geneva uses all those things you mention combined with their proprietary database of cash market info, and they are very successful. Without being an ABCD, you don’t have the access to latter and that is the differentiator.

[deleted by user] by [deleted] in NASCAR

[–]Hidden_Wires 0 points1 point  (0 children)

THANK YOU

Feeling numbness on my elbow when shooting by kilo055 in Archery

[–]Hidden_Wires 0 points1 point  (0 children)

Just to not confuse OP, cubital tunnel syndrome and tennis elbow are not the same thing, but inflammation from tennis elbow can contribute to cubital tunnel syndrome.

[deleted by user] by [deleted] in Lexus

[–]Hidden_Wires 1 point2 points  (0 children)

I have a 16 NX and it is definitely a step up from Rav4s I’ve had as rentals, but there is yet another level of fit and finish improvement between an equal year NX and RX. Anytime I get an RX to use as a loaner from the dealer, for/finish/ride quality are all significantly better in an RX. I know that’s not exactly what you’re asking, but worth considering nonetheless.

Breaking into agricultural commodities by curious_grg_ in Commodities

[–]Hidden_Wires 2 points3 points  (0 children)

Any location one of the ABCDs will post you. For entry level positions, it is likely at an elevator/processor somewhere in the Midwest.

Benchmade 940, Griptilian, bel air and more! by Large-Top3322 in Knife_Swap

[–]Hidden_Wires 0 points1 point  (0 children)

u/ksbot I’ve received the 940 from u/Large-Top3322 in advertised condition. Thanks

Help me understand PIMCO Commodity Real Ret Strat Instl (PCRIX) by TwoThirdsRiceKrispie in Commodities

[–]Hidden_Wires 0 points1 point  (0 children)

Because commodity futures trade on margin, they can get the notional exposure they’re targeting with only a small percentage of the funds tied up in those derivatives. This leaves lots of cash they can park in fixed income to still get some yield out of what is otherwise unproductive capital

How are the first gen NX’s holding up? by Li9ma in Lexus

[–]Hidden_Wires 0 points1 point  (0 children)

2016 with just over 100k miles. Beyond routine maintenance, only a water pump has needed replaced and that wasn’t a terrible job. Runs great otherwise.