Posted 4/18/2022 08:27 (#9619044 - in reply to #9619005) Subject: RE: Were those calls speculative or covering a cash sale/hedge?
SE MN
Exactly.
I just got tired of feeling like I made the right decision from a risk management standpoint by hedging the grain and then buying the call only to feel like I ended up giving away a bunch of the upside I had gained when I wanted to roll the call. Another $0.05 spent but that problem went away as well.
Been looking at Dec 23 OTM but I can’t seem to get myself to pull the trigger. Too much time value right now.