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Selling calls
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cornerpost
Posted 1/12/2007 12:42 (#87050 - in reply to #87031)
Subject: Re: Selling calls


SE MN Still in Pothole Country
Roy Smith used to say if your marketing plan has always worked you haven't used it long enough. Or as Gresham said if anything can go wrong it will and at the worst possible time. Yes it can go to $5. Develop a plan now on what to do and when to do it. There is going to be a tremendous amount of stress from people making margin calls on fall 2007 and 2008 sales. Equal ands offsetting positions in the cash and futures market is fine when the margin calls are 30 or 40 cents but when it is a dollar or two a bushel it is going to be an eye opener.
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