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| Hard to say with the weather dictating the market now. An idea is to roll to a later option month. You can buy an aug (which goes by the sept futures) $4 call for about 15 cents. So if you sold your July it would cost around three cents more. This way you get around 6 more weeks of price protection and you will have it for the heart of the pollination period. Downside is that the aug is out of the money and the July is already in the money. | |
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Sell or hold July call
