Posted 12/1/2016 12:21 (#5668879) Subject: 2016 Corn Re-Ownership using an option spread
Greensburg, IN
Sold 90% of my 2016 corn for Dec Delivery at an extremely good basis to an e-plant in central and northeeastern Indiana. They were wanting vomatoxin clean corn to blend with their corn in that part of the world. Was thinkin about re-ownership of this corn by selling a 3.35 Mar put and buying a 3.50 Mar call. This position would expire on Feb 24 and cost roughly 1.5 cents plus commisions. Thoughts?
2016 Corn Re-Ownership using an option spread
