Posted 1/13/2007 18:26 (#87718) Subject: Learned there is a 20 cent limit on corn options
Before the report I bought Feb 380 corn calls for 2 and 1/2 cents to cover upside on 2006 sold production.Friday when corn surged they went up to 29 cents.Which was up 20 cents for the day.I always thought their was no limits on how high a corn option could go up in one day.But found out the limit is 20 cents just like futures>Has it always been this way?
Learned there is a 20 cent limit on corn options
