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Selling Off Combine
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NDCommodities
Posted 10/26/2015 08:02 (#4858399 - in reply to #4857223)
Subject: RE: Selling Off Combine


I agree with a call spread to cheapen up your upside (I hate spending money). But a littler alternative idea for you to look at.

If you would be long it in your own bins at home, i suppose you aren't against a little downside exposure.

I would look at selling a put underneath it as well. Say a 3.60 may put for 10 cents.

Add that into your 50 cent call spread and your cost is 4cents (probably 5 with commission).

You have 50 cents of upside potential, and 35 cents to be 'wrong' to the downside.


All depends on your exposure ability.
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