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| I agree with yohoo. I sold some $6 calls for May 11 for $.18. When selling options, especially with volatile price activity as we are seeing now, one has to be pretty cautious and not get greedy. I sold the calls as a spec position with the full realization that if it goes to $6 I will be more than happy to margin it as I will have much more in actual physical grain to back it up and deliver. I do however believe one can consistently make money selling calls if they pick their spots wisely. | |
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Selling Corn calls
