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ec. nebr. | I can't wrap my brain around what you are trying to do? The $6.50 put you sold would cost you on the first down turn. Then you are not in the money on the $6 puts until another .50cent drop. My thinking would be to Buy the July at the money puts and sell the $5.50 puts to help finance them. This is if you are holding cash corn for a larger runup. But be ready to sell the cash at least by $7. Then maybe roll the puts up from there. All expensive ways to test your patience. | |
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