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NW IA | Do you have orders in to buy back your Put and/or call back in event of major market swing?
I like the 3 ways in this market scenario. We are in the middle of an "anything can happen environment". Between now and harvest we could see swings in both directions.
If Market runs higher buy back your put for .05-.10 and if market runs south maybe buy back our Call for .10 to .20
Depends on time and market scenario for this but a 1020 put is around .66
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