|
NW Indiana | They are buying a put and selling 2 calls above. You can exit prior to expiration. About a week ago they I was offered a 4.60-4.90 for even money while the market was trading 4.46. So I could lock in 14 cents above the market but yesterday when you could actually get 4.60 the trade was .11 cents in the hole. My problem is tying up the double up bushels in order to gain the smallish premium vs a cash sale. As always there is no free lunch. | |
|