|
Eastern South Dakota | i had 12-10.80 put spreads on and I rolled down the 12 to 11. I got .93 which is only .07 from full value and it is now in my pocket. one wouldn't think soybeans would go up they much but no one really knows but one thing is for sure and that is that risking a possible dollar to get seven more cents is not a very good bet anymore. to roll down lower than 11 started to leave much more on the table which means that the rest of my put spread is still working for me. I only had 3 contracts but that is still over 13000 that i put in my pocket and no trader can take it away from me any more! I would roll down to any level your are comfortable with. thats why they call em options cause thats what they give you. | |
|
Should I roll my nov $12 put down?
