Common Contracts
1 similar null contracts
Min/Max PriceOctober 30th, 2021
The Min/Max Price contract is the same as a Minimum Price contract except in order to offset the cost of the floor, you set a price ceiling. This allows you to take advantage of smaller upward movements in FUTURES prices. You can choose where to set your floor and ceiling by choosing a call option strike price for the floor and one for the ceiling. You may offset this position at any time prior to the strike date. This contract is best applied to old crop bushels stored in the elevator. This contract can only be applied in 5,000 bushels increments.
