Posted 5/19/2015 15:16 (#4580029 - in reply to #4579869) Subject: RE: Using options
Buy a July corn put at a strike price of $4 it costs you .30 to buy the option. So the market has to drop to 3.70 before you're even. Anything thing below is in the money. You decide to sell to close your put option at $3.50 you just made .20/bushel. Vice versa on a call in hopes of the market rising...
Using options
