Posted 10/1/2009 23:36 (#867810 - in reply to #867736) Subject: Re: SRW wake up call
USA
My thinking is wheat prices are going up between now and spring, but could be wrong. The $4.50 and $4 put are insurance to protect the 5000 bu of July wheat in case the market tanks.
Cost of the puts and calls using todays close are $30.50 per acre.