| Palmtopper - 12/15/2023 12:39
good grief.... why grind more dollars in calls (CHEEP FOR A REASON) when the market is not moving? Couragae? we are not in summer markets.... turn your head....
Because you should see IV increase as the USDA report comes……we do have a SAM growing season as well. Not as important on corn as it is beans……
But many are taking the 2nd corn crop down tremendously
For a lot of guys buying calls doesn’t make sense…..but it does make sense for the guy that really thinks that the USDA will print a much lower production number in Jan or the guy that thinks that corn is going back to 5.50-6.00 but yet has to sell to generate cash flow
PALM - For a more complicated play ..what if one just went delta neutral and sold the board against the long calls…..so going long gamma, and IV……..what do you think of that play?
Typically I prefer to be an option seller and collect theta….but I think IV is undervalued because of short fund position along with potential that I see |
Corn
