I'm looking for a fixed maximum loss if I am wrong. I'm relatively new to tradig, so am just looking into new ideas. Gooseman - can you explain more? Will my losses be limited, without using a stop?
Is it possible to use options to create an option on an inter-commodity spread?
For example, say I thought corn was under priced against wheat, and believed corn would be priced relatively higher than wheat by the next futures contract expiry. Is it possible to buy(/sell) a combination of...