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| I am a beginner to marketing in my 3rd year of farming on my own and I'm beginning to learn the most simple single call and put options. I wish I would have learned about them sooner with this crazy bull market.
I learned that generally you can protect your upside with a call when selling a futures contract. I had made some bean sales early on at 7 dollars and know enough to be satisfied with them, but is there any way that a seller can "buy his way back into the market" if he fails to buy the protection at the time of the sale.
For Instance, if somebody had sold nov. beans at some low point like 6 bucks and now the market is at 9.50, does he just chalk it up as a lesson because it's too late, or can he come off of some cash and use some type of strategy to benefit with such a big rise, after the fact? | |
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too late???
