Eastern, IN | Pofarmer - 7/10/2012 14:03
"I am almost certain these PUTs will make me money over the next 30-45 days. "
Why?
I don't believe that $7.50 corn is sustainable thru harvest and there are major (some potential) pressures against the market (Ethanol mandate, corn imports from SA, demand rationing....). If....when the market breaks, I think it will break fast and break farther then it should (over correct) and my PUTs will be well into the black. Just my thoughts. If I am wrong, i don't think I will miss it by much.
Edited by 2388 7/10/2012 14:32
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CIS and Price Perceptions...on corn
