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ECO INSURANCE
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senodak
Posted 3/4/2024 22:43 (#10651856 - in reply to #10651825)
Subject: RE: ECO INSURANCE


I did ECO and SCO last year because it was a lot cheaper than buying puts. It looks like it will make money but you don't know until June. I will not take it this year since the revenue angle with decline in price does not have as great of potential with spring prices already being at a low level. And you might get lucky and catch a once in a decade drought while you have it but over the long haul it will be a loser. I looked at the product as a marketing aid only. Trend line yields seem to go up and make sure you don't get paid if you don't have help from the price side.
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