Posted 7/31/2020 16:44 (#8407355 - in reply to #8407022) Subject: RE: Selling Corn in the Wheat Pit
I'm looking at the possibility of a similar game. Sell Dec 20 calls above the market (5.80 maybe?) and bull spread the Dec 20 with July of 21 or 22. If the market comes and gets me, I'll plant the wheat, otherwise collect the premium and look to do it again. I doubt wheat carry goes away completely but the bull spread protects a good sale being offset by an inverse. Any opinion?