Tuesday, July 22, 2014

Roll Over to Leap 7-21-14

I started to thinking to roll over my deep ITM soybean positions leap to end of the year or March, 2015 after woke up Sunday morning. Considering r/r and the length of time it will take it probably is the best recover plan I can think of. Another solution would be buying Leap calls. But I don't have a good forecast of target price while SB is in such a down trend. I may buy some puts to hedge my bull puts once the roll overs are down. May consider it as a insurance.

Equities are holding up well despite geo-political events. I am considering to sell treasury options once I get a free hand from the grains. I was way too aggressive rolling into grains without enough basic knowledge.

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