Another Exit On Feeders

The feeder cattle futures spread has again worked its way down to a point of profitability. However, this is only for those of you who added an additional position at $4.00+. This would have put you at an average of about $3.25 for a profit of $750 (minus fees) for the two spreads. While it is possible this spread could continue to settle, I’m happy with this exit as the original goal was $500.