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| Yes somebody will sell him may beans for 11 sometime, if may beans become worth more than 11. Sometimes on here folks seem to jump the gun a little arguing selling options or whatever. They say they sold a call for a strike, thereby selling their crop for that strike. Wrong. Soooo, he paid 3.7 to own 11 beans later, but only if he can flip them immediately for more than 11. He bought an 11 CEILING for 3.7 premium, not 11 BEANS. Stupid? Take it easy fella. | |
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Can anyone make a case for a Nov15 bean north of 1050?
