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People laugh at trading hogs but it's actually an active market and is profitable trading smaller notional size by using options. The future is $400 a point but I've done well simply buying calls or selling puts in the $250 range. I mention this as a way of taking advantage of an otherwise boring market. I would probably not make an entry here and instead wait for PA1's background to turn gray and play what unfolds from there. 12/27/17