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Selling calls
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cornstalk
Posted 2/13/2017 16:46 (#5837263 - in reply to #5837156)
Subject: RE: Selling calls



Anderson County Kansas
That's up to everyone to decide on their own, personally I am looking at selling some 4.10 cn calls against some basis contracts I have. I have my basis locked at 7 over the calls are bringing 13.5 cents. If corn rallies past my strike my upside on my cash is locked at 4.30. I can live with that. If it does rally that far I will sell some more cash and start selling z. I personally think corn could just trade sideways or go a bit lower. Everyone has to make their own decisions on what risk they want to take, but to say never sell calls like some on here do isn't good advice IMO. It has it's place just like lot's of other strategies.

Edited by cornstalk 2/13/2017 16:47
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