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| I read on here before that you had an idea to sell a Dec. $4.00 call against unpriced new crop. Its now trading at roughly 45 cents. This would mean that the most I can get for my corn would be $4.45? And I would be protected down to $3.55, I hope I am understanding this. If the market rises the physical grain will offset the losses on the option, but if the market goes lower than $3.55 what would be the next move? | |
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Question for RayJenkins
