| humblefarmer - 12/15/2023 11:05
So based on the article you’d buy calls for a 15-19 cent rally? No thanks.
I hope I’m stupid but I think the corn market is dead. Maybe it will be revived , some, by April .
I should clarify
I like calls for courage calls for those guys that will be needing to sell
And I think that calls are cheap should the market decide that Brazil 2nd corn crop is going to be very small ……
So I would look at the calls as more of a long IV play……as a spec move
….. and I dont mind them as courage calls for the guy that is going to be needing to sell but doesn’t have the courage to
I like the board with a tight stop over the long call but everyone has different risk reward tolerance. |