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| From all this negative talk about trade deals with China, there is some talk about what may happen with the soybean market. I'm thinking of buying some protection against 50% of my soybean crop that i'm unable to price. It was suggested to me that when nov futures would reach 10.15 or so that a $9 put should run around 18 cents. If i understood correctly that would give me an 8.82 floor. Surely that is not a price that i'm satisfied with but it is alot better than 7.50. Should we take off during growing season, how hard would it be for me to roll this put higher. Any suggestions or opinions is appreciated. | |
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2017 Soybean Puts
