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moline illinois | I don't see the advantage of the strategy, seems to me an out right forward contract sale would be more pracical. If the market goes down you have no credit as the 10.20 put won't increase in value until it goes higher than the price you paid for it. since your cost was $0 you aren't putting any time decay premium into your pocket. If the market goes up you will want to make cash sale at some point but it opens you up to volitility changes in your call. If you hold this all the way until experation then yes everything will expire worthless. so what would be the point. the basis will rip you off by then. My opinion is all. Sell the cash, if you want to add value put on an iron condor spread on so you have a range on both sides of the market. Cash beans at this leval will work in most operations. | |
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Aggresive seller of 2017 New crop Beans????
