Corn futures gained on Thursday for a record breaking 14th straight trading day! NIA's January 2021 Teucrium Corn Fund (CORN) $13 call option finished last week at a new all-time high of $2.55 for a gain of 264.29% from our August 25th suggestion at $0.70!
Between August 25th and December 31st, CORN was the #2 largest gaining commodity ETF trading on any U.S. exchange! The only commodity ETF to outperform CORN was Teucrium Soybean Fund (SOYB) with SOYB gaining by 34.83% vs. CORN gaining by 26.77%, but SOYB's options have very little liquidity and very low open interest, which is why we didn't consider them back in August.
The truth is, the only option in a commodity ETF that has outperformed NIA's January 2021 CORN $13 call option is the January 2021 CORN $14 call option. Although the $14 call option has made a slightly larger gain of 300%, literally all of its gains have occurred over the last two weeks. As of December 17th, NIA's $13 call option was already up by 85.71% vs. the $14 call option being unchanged at that point. NIA believes it was right to suggest the $13 call option even though it has made slightly smaller gains than the $14 call option! Furthermore, January 15, 2021 was the absolute most perfect expiration date that we could possibly have suggested!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President purchased 737 CORN January 2021 $13 call options in August 2020. In recent days he has sold all but 87 contracts. This message is meant for informational and educational purposes only and does not provide investment advice.