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New Mexico | possible insurance to collect some, more or all of an upside move with limited risk.
Why look at Nov?
August is much better ( puts you in the mid usa weather scare for 011, less time value, so costs less, should be worth more sooner because before harvest rather than after etc )
Bid / ask Aug call at say 14.80 to 15.20 will fill in the 2 to 10 cent range this week.
Dollar is likely headed higher for a while so no real rush to buy em either.
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Store and?
