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EC Nebraska | The $5.76 number assumes that the call gets exercised. If we get to the point where it looks like a good crop coming on I don't see that getting exercised. It seems to me that if the call gets exercised you won't be able to spread July very much, and if you can spread July that much the call won't get exercised, leaving you with just the 26 cents.
Am I thinking that correctly?
I did sell that 550 call earlier for 29 cents, so I'm gonna find out how it turns out either way. | |
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Tara's call strategy: take 2
