Wednesday, June 12, 2013

Corn 6/12

Yo,
Bought a Dec 610 call option at the close yesterday for 20.5 cents at 550...  at 9:21 Corn is setting to open down 5 cent to 542... that sucks... got in on this trade too early ... delta on the option is 30%... Looking for the report to be Bullish and continued bad weather doesn't help...
Until 11:00...
May The Force Be With You...

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