Posted 7/24/2016 13:58 (#5429654 - in reply to #5429483) Subject: RE: Have some puts deep in the $ what now?
Ridgway, IL
Maybe compare the math of rolling down your puts, with the math of buying at the money calls, which would allow you to keep riding the puts while clearly defining your risk, as well as lock in your current gains. Calls are somewhat on sale as this market been sold down so hard.
I'm afraid we still have a ways to go down before harvest starts, I'd hold onto your puts.