Posted 2/19/2007 17:24 (#107559 - in reply to #107547) Subject: Re: Call and Put Strategy? how's this look
West Central IL
my suggestion would be to sell inventory then buy a call. If you want to spend .26, you can buy at a lower strike price. July corn is 4.37 on the board so a $4 put it way out of the money. Take your extra .37 and sell. If you think the basis is to wide sell hedge to arrive. A 4.60 call is .24. My advice for what it's worth (free) is to sell tomorrow and buy a call.