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SC Iowa | Part of my purpose in choosing the 4.10 was to generate 25 cents of sold option value.....just trying to earn back half the recent losses over time...and the breakeven point was 50 cents above current values, which will require a sizable rally to reach.....of course, you should be rooting for that to happen....
I am not directing this next statement at anyone directly--------I've seen two comments about being nervous having calls sold against inventory----I wish, I REALLY wish, I could get folks that "nervous" about holding unhedged inventory in their bins when they know the value being offered represents excellent margins for the year since costs and yields for the 2009 crop are a known factor...
Ray J | |
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