To read any or all of the previous lessons on Put Options, go to the Farm Futures link below.
September CBOT Wheat Put Options. Lesson 15
This article continues the discussion of how to use put options to make more profit through better marketing. Previous articles were educational of what are commodity options, how their values change in relation to the under lying futures contract, how put options can be used as the primary grain marketing tool or as a secondary marketing tool to add value to a HTA or forward contract.
This week, we shift to the process of how to liquidate the put option position at optimum value. Let’s take a look at how the options’ values changed the week ending last Friday, July 22nd: