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Hi,
Just out of interest. You mention, you sold Beans August 8 and 8.25 calls
with a underlying buy/stop. I sold the 8 August calls as well yesterday, at
this point it seems far enough away that I do not really have to worry about
them. But if we would go to 8 before expiry, what do you usually do? Buy the
futures. If yes, how do you manage that position? Where (if we go lower
again) do you get out of the future? Or do you just put in a buy stop to buy
back the option? How would you figure out the price where to put the stop on
that.
I am just interested how other people handle this scenario.
Thanks and good luck!
Thomas
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