Homework #9 Construct a Bearish Collar 35 Total Points Available Via a Canvas Quiz Suppose an Ag producer has soybeans in storage and market conditions are such that a Bearish Collar is the most optimal strategy at this time to protect against a decline in value. Note that a Bearish Collar short hedging strategy can be created by selling a call option and buying a put option that has a lower strike price compared to the call. Based on the current soybean options markets, we see the following information: Soybeans Strike Price ($/Bushel) Premium ($/Bushel) Call Option $10.80 $0.11 Put Option $10.50 $0.20 How can these options be used to create a Bearish Collar? Construct graphs and create a table that shows the net effective futures price for all the pricing scenarios of this strategy. You will be asked questions about the graphs and the table on the quiz. Soybean Futures Price Range (Per Bushel) Net Effective Futures Price (Value of Soybeans) Price = $10.80