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LC option
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milofarmer1
Posted 3/23/2020 18:49 (#8132855 - in reply to #8132682)
Subject: RE: LC option



Texas/New Mexico Stateline
Options are much much much more expensive than normal right now due to volatility.


Not sure what you are looking at, but puts and calls "at the money" which is $98 cwt October futures.

$98 Call option is $10.00 cwt. Or $4000 a contract. Which is $100+ a head!!!!
$98 Put option is $7.00 cwt. Or $2800 a contract.






(InkedScreenshot_2020-03-23 weboe_LI (full).jpg)



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