no, you can buy puts. the problem with all wheat options at this point is that they reflect huge volatility, so you will be spending a lot of money on premium. the great thing about wheat is, when prices get high, farmers plant the sh*t out of it and the next year you will have huge crops, thus lower prices.
this is not a gamble.. This is an EDUCATED GUESSWORK with very low probability of failure. Maybe even less than the ~10% that was thought to be.
That's not a bad idea for what he wants. Bet the favorite to show - each bet may average the 90/10% and pay a 10-20% return or so. Problem is winning 5 or so consecutive bets has a lousy overall chance of success. Also his bet will decrease payout for every winner. Still, it could be done in an afternoon - with no knowledge of horses or the market.
Join a crap game in brooklyn. If you have a pretty good understanding of odds and probability, you can double your ... the only problem is, getting out of the game with you winnings ... JJ
There will be dozens of stocks that will double within the next year, why is everyone so negative? Which ones? I don't know but some stocks could double in six months, so I could wait 6 months before even making a move.
That is the main reason traders go broke think like that.. Number one rule of trading 1. Protect your capital. or else it's gambling you should not tolerate any loss.