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Advisor

I added my put length at the open

Added another 50000 bu on March contract
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3 Replies
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Veteran Advisor

Re: I added my put length at the open

Glad I'm not your banker!

You bought too soon.

I'm told little rally, then down...float
A bit then up.

Fewer corn in south America, more beans
Down there.

More beans here "lesser cost crop"
At present time

Rally later in corn, to buy acres..

But no $2 rally.....yet
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Advisor

Re: I added my put length at the open

Another 50,000 eh. Good for you , now come to the front and get your gold star Vince
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Senior Advisor

Re: I added my put length at the open

Is this a hedge covering production or speculative?  And, why are you using puts?  If one is pretty sure of the market direction, selling futures is cheaper.   

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