Posted 11/5/2009 07:41 (#914202 - in reply to #914185) Subject: RE: Dec 3/40 call
SC Iowa
If you are long a December 2009 3.40 corn call, the value per bushel is about 46-47 cents..
which would be about $2300 per contract
The real question: what was your objective with the trade?? Was the objective met at some point in time....at the peak back in October, that option was probably worth 70-75 cents = $3500 per contract....
Dec 3/40 call
