Options Hedging Recommendations and Opinions as of7/22/22 : Soybeans, Corn, Chicago Wheat
Below prices reflect 7/22 values
SOYBEANS
November ’22 contract at 1327
Futures price per cent of $50, Options price per cent of $50
Trade Opinion Beans 1
Action:
Buying Nov Put Option
Buying Nov 1140 put
Expires:
10/21/22
Costs/Risk of Loss:
.09 cents per contract, plus commission and fees
Amount of Maximum Loss:
$450 (9 X $50) per contract, plus commission and fees
Potential profit:
Anything below 1140 Nov Soybean price, less costs ($450+)
Trade Opinion Beans 2
Action:
Buying Nov Put Spread
Buy Nov 1220 put
Sell Nov 1100 put
Expires:
10/21/22
Cost/Risk of Loss
.15 cents per spread, plus commission and fees
Amount of Maximum Loss:
$750 (15 X $50) per spread, plus commission and fees
Potential Profit:
$6000 (120 X $50) per spread, less costs ($750+)
CORN
Dec ’22 Contract at575
Futures price per cent of $50, Options price per cent of $50
Trade Opinion Corn 1
Action:
Buying Dec Put Option
Buying Dec 490 put
Expires:
11/25/11
Costs/Risk of Loss:
.11 cents per contract, plus commission and fees
Amount of Maximum Loss:
$550 (11 X $50) per contract, plus commission and fees
Potential Profit:
Anything below 490 Dec Corn Price, less costs ($550+)
Trade Opinion Corn 2
Action:
Buying Put Spread
Buy Dec 500 put
Sell Dec 400 put
Expires:
11/25/22
Costs/Risk of Loss:
.10 cents per spread, plus commission and fees
Amount of Maximum Loss:
$500 (10 X $50) per spread, plus commission and fees
Potential Profit:
$5000 (100 X $50) per spread less costs ($500+)
CHICAGO WHEAT
Dec contract at 793
Futures price per cent of $50, Options price per cent of $50
Trade Opinion Chicago Wheat !
Action:
Buying Dec Put Options
Buy Dec 640 put
Expires:
11/25/22
Costs/Risk of Loss:
.11 per contract, plus commission and fees
Amount of Maximum Loss:
$550 (11 X $50) per contract, plus commission and fees
Potential Profit:
Anything below 640 Dec Chicago Wheat price less costs ($550+)
Trade Opinion Chicago Wheat 2
Action:
Buying Dec Put Spread
Buying Dec700 put
Sell Dec 580 put
Expires:
11/25/22
Costs/Risk of Loss:
.25 cents per spread, plus commission and fees
Amount of Maximum Loss
$1250 (25 X $50) per spread, plus commission and fees
Potential Profit:
$6000 (120 X $50) per spread, less costs ($1250+)
Jerry Hanselman
Senior Account Executive
Walsh Trading, Inc.
jhanselman@walshtrading.com
630-248-7576
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