Cattle Prices Are Tipping Higher. How to Trade the Rebound Now.

Group 1 - The article suggests considering the purchase of a call option on February live cattle futures due to a strong price rebound after a significant decline in the previous five trading sessions, indicating a potential near-term market bottom [1] - The supply and demand dynamics in the U.S. cattle markets are favorable for bulls, with historically low cattle supplies on feedlots and robust consumer demand for beef despite high prices [2] - The recommended call option has an upside price objective of $245.00 or higher, with the option set to expire on the first Friday in February [2]