If you decide to sell $20,000$ bushels with puts, how much money would you need to buy those puts?

Put:

strike $=$$$5\mathrm{.}50$ bu

premium $=$$$0\mathrm{.}29$bu

brokerage fee $=$$$0\mathrm{.}01$bu $($cost to trade options contacts$)$

contract size $=5,000$ bushels

initial margin deposit $=$$$2,500$ per contract

maintenance margin $=$$$2,500$ per contract