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north central Ohio | That’s a good question that no one can honestly answer on here. If you think we are close to the harvest low buy the corn and buy a dec short dated October put in case it does move much lower you’ll pick up some more. Looks like you might be able to buy a 5.70/5.75 put for 10 cents or less which would give you downside protection for the next 48 trading days. So if the put expires worthless corn cost you 6.20. Worst part with options is they only give you so many days and then you have to buy them again but historically speaking harvest lows are close to being in by end of September if not sooner. | |
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