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Buxton ND | 54 Why ? Its called sell options above the market on your behave on a contract that YOU signed. This is the part they do not want to explain to you and many do not understand. IF we would have the big boy drought this summer the proverbial manure would have hit the fan. It would have been called the revisiting of the 1996 HTA mess. That proverbial manure would have landed right on those fancy dancy contracts that YOU SIGNED. In the end YOU are responsible for what YOU sign. Like I said last winter selling cheap low volatility options are very high risk.
YES the HTA mess of 1996 came up and was explained to me a few times starting nearly a year ago. I would guess the wording of the fine print of those contracts have been changed since 1996. Would this wording favor us the FARMERS or them the COMMERCIALS ?
My favorite post on this subject in general by someone was "If you can't come home and explain to your wife what you just signed,,,,,, you probably should not be signing it.
1206, you were right ! ! ! | |
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Gavilon Producer's Edge Soybean Pricing
