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Market thoughts?
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Macttle
Posted 2/18/2021 14:40 (#8842359 - in reply to #8842334)
Subject: RE: Market thoughts?


Was just thinking puts. Couple weeks ago had a cattle buyer and a old friend looking at wheat pickers and protection came up. Both said look at lrp. Coming from a couple old school hedgers figured it must have value. Then quite a few posts on here showed up.
It looks promising, might buy some puts and do some LRP.
I have a feeling corns not done going up and am trying to go to selling feeders and not feeding any. High corn is my main reason for wanting some protection.
I’ve road this ride long enough and still think having the cash to ride the market is money ahead. Piss poor management and some emotion based decisions have hurt in the last few years. I’m really thinking a seat belt would help on this ride cause we lost the brakes years ago!!!!
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