DeCarley Trading - Futures, Options, Integrity

DeCarley Trading strives to offer the highest quality futures and options brokerage services at competitive rates. Whether you prefer trading online via a state-of-the-art trading platform, or with an experienced commodity broker, we are confident DeCarley is capable of exceeding your expectations.

Full- Service

Beginning traders are recommended to take advantage of the benefits of full service in order to gain orientation of the markets and trading in general.

Broker Assisted

If you are a relatively experienced futures and options trader but would like to have access to a broker, you may want to consider a broker assisted account.


Are you an experienced trader? If so, you may not need a broker; nor do you need to pay for service that you won't use. If this is you, save yourself some money and go for this option!


Self-Directed Pro

If brokers and commissions just get in your way, this is the plan for you. The Pro plan is reserved for those with ample account funding and trading experience to require minimal broker attention.

Managed Futures

Studies suggest traditional stock and bond portfolios can be improved with the addition of managed futures, let us help to determine if portfolio diversification makes sense for you.


We are partnered with a system vendor who has conducted due diligence on a handful of system developers, and over 300 systems, which have proven to be relevant.


Learn to trade commodity futures and options


****There is substantial risk of loss in trading futures and options.**

****Past performance is not indicative of future results**

On the radar:

* Euro seasonals, technicals and fundamentals are mixed.  Let's sell strangles into recent volatility.

Sell Option Strangles in the Euro Currency Futures Market

Sell December Euro strangles

Well, when the government shut down so did many of the markets (namely Treasuries and currencies).  Nonetheless, now that the debt ceiling deal has finally been approved currency traders are unwinding some of the flight to quality bets. 

We also seem to be experiencing some fresh bulls in currencies such as the Euro in light of the U.S. shenanigans.  In other words, there is an anti-U.S. dollar trade going on.  However, we suspect that today's knee jerk reaction will soon be met with resistance....after all, the grass isn't necessarily greener in Europe.  Accordingly, we feel like the rally will be limited but any selling should be supported by year-end buying as multi-nationals prepare for 2014. 

We like the idea of selling strangles in the Euro using the December $1.40 call option and the $1.33 put.  this gives us approximately 300 ticks in either direction and leaves us with a slightly bearish bias.  You should be able to collect about 70 ticks or $875 per strangle.  The trade makes something if prices are between $1.4070 and $1.3230 at expiration but the max profit of $875 before transaction costs occurs if the futures price is between  $1.4000 and $1.3300 (see chart above).

Keep in mind that this premium collection trade will help to hedge the time value erosion on our U.S. dollar position. 

As always, there is theoretically unlimited risk in option selling.

Let us know if you would like us to put one on for you, or if you have any questions.

If you are enjoying this trial, click here to open a trading account to work with DeCarley Trading and/or use the state of the art futures and options trading platforms available to our brokerage clients.**

DeCarley Trading
This email address is being protected from spambots. You need JavaScript enabled to view it.

Due to time constraints and our fiduciary duty to put clients first, the charts provided in this newsletter may not reflect the current session data.

**Seasonality is already factored into current prices, any references to such does not indicate future market action.

**There is substantial risk of loss in trading futures and options.**

Futures and Options Trading Booksby Carley Garner

What People are Saying about Our Commodity Trading Books

Choosing a Futures Broker and Brokerage Service

Full-Service or Online Trading?

The decision to trade online or through a full-service commodity broker will undoubtedly make a large impact on your bottom line.

Learn More

A Fair Commission Rate vs. Low Commission

To look at commission rates objectively, we must understand the background of the futures industry and how brokerages accept risk for fees.

Learn More

Choosing a Commodity Brokerage Firm

Deciding on a commodity brokerage firm is a significant decision and shouldn’t be taken lightly. Not all traders and brokers are compatible.

Learn More

Choosing a Futures and Options Broker

Most traders in search of a futures broker are concerned primarily with trading platforms, commission, and quality guidance.

Learn More

The Truth about Futures Commission

The goal of futures trading should be to MAKE money, not SAVE it! Discount commodity brokers cut corners that cost their clients time & money.

Learn More

Commodities via Futures or ETFs?

A key difference to trading commodity futures over ETFs is leverage, but there is more to discuss, such as taxes, market hours, and efficiency.

Learn More