Posted 1/20/2014 18:50 (#3620433 - in reply to #3619473) Subject: Re: Entering the Futures Market to Protect Price
Texas/New Mexico Stateline
KISS
Keep it simple, stupid. My motto for myself. Not calling anybody stupid.
But I feel like if I have revenue insurance, I can sell the futures, and not worry about an option. Sure, I could be giving up a bunch of profit on a summer rally, but with a call you are either going to pay a very high premium for an at the money, or waste a dime on one that will more than likely expire worthless.