soybeans put

Discussion in 'Options' started by Daseer, Jan 1, 2008.

  1. Daseer

    Daseer

    Any one have any ideas on buying puts on soybeans? I believe that the top has been set and I just want to ride it downward. Keeping in mind the backwardation we have in the soybean futures, what month should I look at? I'm looking at a small outlay for a big gain. It's probably about 5-1 or better. Any ideas?