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Put question from a greenhorn
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ahay68979
Posted 8/25/2015 19:44 (#4752975)
Subject: Put question from a greenhorn


Saronville NE
I've got 1.52 puts on Oct fats. Right now have good profit on em in my account. My qquestion is this since I'm green. Ok my position will be over early Oct. Cattle go late Oct. Ok so say they stay this price or go lower. Ok I will capture the profit but the cattle aren't priced so how do I protect those last 20 days from going lower and losing money? The pen should BE at 1.47 area if convert OK.

What's best way to handle that? TIA
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