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Margin calls are getting old!
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cornholio
Posted 10/24/2009 14:14 (#898007)
Subject: Margin calls are getting old!


Northeast Louisiana
We contracted about 50% of our 2010 soybeans at 9.11 about a month ago on a hedge to arrive contract with a local elevator. Our marketing advisor recommended we sell some Nov 2010 calls. Now that the market has taken off we are sending in money every few days and I want out but he keeps telling me that we just need to stick with the plan. I'm not really knowledgeable enough with this sort of thing to be comfortable with this, in fact I don't like any of it but this is a reputable advisor who is supposed to know what he's doing. Am I screwing up or do I just do what he says?
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