Posted 1/28/2024 09:18 (#10597281 - in reply to #10597253) Subject: RE: Buying 4.50 puts for corn..
Midwest
expensive because there is a lot of time premium built into it. to offset the put cost, you could sell Dec 5.20 call for 23 cents, or a 5.50 call for 16 cents. the short calls will require margin money if corn rallies. the question is, would you be happy to sell new crop cash corn if futures get to 5.20 or 5.50 while protecting the downside?
Buying 4.50 puts for corn..
