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Holland, Indiana (SW IN) | I found a post below quite interesting
QUOTE]Agr723 - 1/27/2018 13:24
I sold 100% of 2018 bean production last week at $10.08 CME. Bought a $10.40 call, sold a $9.00 put and a $13.00 call for a net of $.25/bu.
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I think Agr723 was paid about 15 cents to take the risk that Nov. Beans will not be over $13 or under
$9 when he closes out his position each sold option will put about 7 cents a Bu. in Agr's account
My question what do you think the odds are Nov. Beans will be over $13 or under $9 --- on
I'll pick a date on Nov.1 2018
My guess 1 chance in 8
Dan
Edited by Dan Loehr 1/27/2018 17:19
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What's the odds Soybeans?
