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Order in to sell dec 19 @ 405
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Posted 1/9/2019 21:43 (#7233618 - in reply to #7233353)
Subject: RE: Order in to sell dec 19 @ 405

Northeast Nebraska
indeeppigfarmer - 1/9/2019 08:19

On any decent pullback, think I would consider picking up some kind of call strategy if I was that heavily sold this early in the marketing year. Corn balance sheet is tight enough that any unknown positive could lead to a 30-60 cent rally

If corn goes to 4.30, I wont lose a wink of sleep. Especially if I didnt waste any money on a call spread

4.60 might hurt, but not really if I sell my second half for 4.60

Been a long time since dec corn was over 4.50 for any length of time

Edit: I guess it also depends what we consider a decent pullback. I'd take my money and run if we dropped to 380. I dont see that happening either

Edited by dewgubbe 1/9/2019 21:46
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