hardnox604008
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10-07-2010
11:13 AM
lotto play
Buying a passel of SX 1020 puts at .06.
Can't help myself, bean yield is going to be a very large record.
Don't know if they'll show it all this month, also don't know what beans will do if corn # is bullish.
But excellent risk/reward, imho. h
3 Replies
rightone
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10-07-2010
03:02 PM
Re:Won't matter, doubt Brazil will produce
6 cents is not much to lose, that's perhaps the ONLY good thing about that position. MO.
Pretty bullish beans here ( generally am though so perhaps a bad source ).
J-Rock
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10-07-2010
11:32 PM
Re: lotto play
Lots of bushels lost since October 1st, bean moisture's starting with an 8 today. Only 60 cents from the highs during the harvest of this "monster crop", You may be right H, but if it doesn't break now will it?
humblefarmer
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10-08-2010
05:20 AM
Re: lotto play
Why not buy some corn calls? If corn is very bullish soybeans shouldn't see too much pressure down.