Posted 2/14/2019 14:56 (#7320647 - in reply to #7320644) Subject: RE: Did Trump get Trumped by the Chinks?
Caps your downside too.
I think his idea is just get short the futures. That's not for everyone.
I'm short at 9.6925X, can roll to a profit pretty easily on 60% of production. Good chance we will put in a "low" at some point that will see me buy back the futures and get into puts plus put a profit in my pocket. Time is your friend in a carry market....