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dogs nest ontario | another suggestion is a calendar bull call spread.
Sell the beans now, Buy something like a SN $12 call for 85 cents, and sell a SH $14 call for 24 cents. If that expires worthless, then sell a Sk $14 call. If any get exercised [beans get to $14 bucks] unwind it all, take the cash, and buy gold. hehe
A little more management, The short calls will lower your cost, without the issue af huge margin calls. and you get the potential for a couple of bucks to the upside. Oh and you have set the bottom sale price.
Later
Ed oooout | |
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advise on beans
