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| Hey I'll take 7 contracts of those at 10 cents! Actually I have been thinking that in the money puts would be smart. Or selling the new crop at the local elevator and buying calls to keep the upside potential. Just seem to have a cash flow problem coughing up the $1.50 bushel premium! Maybe I will just have to mark this spot in time on the wall and the current price, add the $1.50 that I don't have right now and sell some if they hit that mark. (current price +$1.50= $15.28)Then I could say that I was 3 dollars a bushel ahead of where I was willing to be! The only thing harder than selling on an up market is selling on a down market! | |
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Nov '08 Bean Puts
