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Aggresive seller of 2017 New crop Beans????
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frytownfarmer
Posted 1/28/2017 15:40 (#5800496 - in reply to #5800462)
Subject: RE: Aggresive seller of 2017 New crop Beans????



Frytown, Iowa
I'm kind of a dummy at options. How would you execute those options if price goes up to $11? What about $12?

And then the other way... if price heads lower to $9? $8

Is there a lose scenario? Since you are canceling out the expensive purchases with the sales do you use short date or regular November option?


A simple walk through of exits would help wrap my mind around it. I've never done anything like that. What is your worst case scenario?
Thanks

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