This week on Hedge Heads, we're joined by special guest Mike, known as ThetaFarmer on X, for a deep dive into smarter farming and trading strategies. At just 28 years old, Mike brings a fresh perspective on risk management, capital efficiency, and adapting to today's volatile markets. From using put spreads to protect upside, to understanding why capital efficiency could be the most overlooked profit lever on the farm, Mike lays out how to survive — and thrive — in a market facing trade wars, weather windows, and shifting seasonals. Whether you farm, trade, or manage risk, you'll take away actionable strategies to sharpen your edge in 2025.