Tidbits, Market Plan and Put Options 11/9/25
- Wright team
- Nov 9, 2025
- 5 min read
Market Plan Utilizing Put Options
Last weekend, we presented a market plan to lock in a floor price for soybeans near breakeven at no cost upfront while using puts options to capture further price gains should additional price gains become available.
A feature of that plan is it removes all stress from catching a price near or even above the high for the year.
The first step is to use a HTA to lock-in a floor price. Then place open orders to buy puts at ever higher strike prices at the same price. An “open” order is an order that remains in active until it is filled or you cancel it. Open orders are also known as “Good till Cancelled” and “GTC” orders.
The “strike price” of an option is the futures price the buyer of the option is buying the right, but not the obligation, to establish a futures position.
Want to read more?
Subscribe to wrightonthemarket.com to keep reading this exclusive post.
