Im looking to hedge some corn with sythetic option strategies. Buying Dec 10 corn 390 puts, sell Dec 10 corn 470 calls, sell Dec corn 330 puts for 12 cents per 5000 bu. Also buying December 2011 410 Puts, sell Dec 11 510 calls and sell Dec 11 320 puts for 9 cents. Great hedges for insurance with upside available.
