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nw oh | This is a situation where puts get confusing and why I am not smart enough to use them. It is great to use them in a market that is flying higher (cattle market), but a choppy or trending lower there gets to be some really tough decisions and decisions where you feel like you cant win.
What happens if you keep the put and stick with your cash sale plan? Does the put return penny for penny that the market goes down? I am a natural pessimist and think grains have a little further to go down if weather stays excellent for 3 more weeks. | |
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so-even though I bought a put and screwed up-now what?
