Posted 8/26/2013 10:14 (#3289862 - in reply to #3289646) Subject: Re: Mark Gold
cropsey, il 61731
Well sure there is opportunity to profit before expiration, but then it's just speculation instead of a hedger (or insurance). The concept being is that when basis is where you want it, sell physical and the option (the option proceeds making up for any loss in board price).
Mark Gold
