Marketing Tools
Ten weeks ago, we proposed several marketing tool alternatives to leaving corn in the bin. It was more for educational purposes than anything, but for those of you who felt you had to do something, we proposed these alternative tools.
May corn was $4.55 and now $4.42.
Buy May $4.50 corn call option for 20¢. That call is now worth 7¢.
Buy a May $4.60 corn put option for 20¢. That put is now worth 22¼¢.
Bull spread May/Dec corn (buy May & sell Dec) 20¢ premium to the Dec. Now losing 15¾¢.
Bear spread May/Dec corn (buy Dec & sell May) 20¢ premium to the Dec. Now making 15¾¢.
You can follow the spread at: