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Beresford, SD | I had a few calls and bailed 2 weeks ago.......did not have near enough to cover the cattle that are sold. Took off about as much as you did. I have never seen a market like this.........Never in my life have I had a margin like this locked up and still feel disappointed about it. GREED! CRAZY TIMES AND CONDITIONS we are making a living with.
AS far as your question: 2012 I sold about 50% of my corn Ins. guarantee for $8.39.....was hard to do with absolutely not crop to be had, but fluffy crap silage. I bailed on those positions with a little over a $1 bushel profit. Those positions were the first corn I ever sold on the board......Most the time a buyer. Most puts and calls I have run lose money........$4/hundred to the up...........Good call to take it while its there.
Edited by carlsoncl 7/28/2014 12:41
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sold a call today-what is the most money you have made on options
