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southern MN | I have no desire to start working with puts or calls, but I should at least understand them better. Always kinda thought one protected the price from dropping, and the other portected you from the price going up after you sold. One is good to expire worthless, and the other kinda adds some costs?
I know there are good resons for buying both at the same time, but seems like the costs would strap you into a fixed price, which is not so good in a possibly volitle market.
Different if one is a producer & wants to market real grain, vs those who like to make money pushing paper back & forth trading. (Both honest livings, just different goals....)
--->Paul | |
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