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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Knighty Tin who wrote (39027)10/12/2005 10:53:33 AM
From: mishedlo  Read Replies (2) of 116555
 
Corn
Puts are incredibly cheap protection here.
I just bought March and May corn futures hedged with puts.
March corn 217 hedged with 220 put for 11
May corn 225 hedged with 220 put for 8.5

Maximum risk on March is 8 points ($400)
Maximum risk on May is 13.5 points ($675)

Incredible amount of time on these plays for known small risk.

March Corn
futuresource.com

May Corn
futuresource.com

Mish
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