Cover It With Calls

Larry Stalcup

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Cover It With Calls

机译：用电话掩盖

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Bull-call spreads can provide price protection. The corn market soars to 2.50 dollar cash in late spring. You forward contract or hedge much of your crop at that price. But a drought in July and August sends prices to 3 dollar. If you don't have a "what if strategy in place, you're likely stuck with your contract price. It's not a bad price, but it could have been better.

机译：公牛看涨期权价差可以提供价格保护。春末玉米市场飙升至2.50美元现金。您以该价格远期合约或套期保值。但是七月和八月的干旱使价格上涨到了3美元。如果您没有采取“假设策略”，那么您可能会坚持合同价格。这不是一个坏价格，但可能会更好。

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《The Corn And Soybean Digest》 |2004年第4期|共2页
作者
Larry Stalcup;
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机译：表3：所有Microbenchmarks一起形成比应用程序基准（节点数量）的呼叫图更大;但是，这些到迄今为止，不涵盖应用程序基准（覆盖范围）中调用的所有功能。

Cover It With Calls

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