Posted 4/8/2021 11:16 (#8939746 - in reply to #8939424) Subject: RE: LRP Questions
I liked having it when I bought. Just gotta remember nobody wants to be counterparty to your risk for a year. If you can do short term stuff like that it should be a good fit.
Correct me if I'm wrong, but in reality you are just insuring pounds. If you want to assume they will all weigh 850 but you only grow them to 700, you just insured additional pounds. Kind of a spec play.
If it expires worthless you lost, if the market falls and it pays you bought a put and it paid off.