Bean Option Comment

From yesterday afternoon

 

 

 

Beans rallied off their lows again but buyers of vol were nowhere to be seen.  Vol is now at its lowest levels of the year.  SF vol 14.625 down 1, SH 16.375 down .5. vol 16 down .25.

 

Straddles

SF 1330 44-46

SH 1320 82-83.5

SX 1160 137-141

 

 

Rosenthal Sold 1500 Mch 1300 Calls/ Bot 1500 Nov 1300 Calls 19.5-21 credit

ABN Bot 200 May 1260 Puts/ Sold 400 May 1200 Puts 1.25 credit

Tenco Bot 750 May 1260 Puts/ Sold 1500 May 1200 Puts 1-1.5 credit

/ Sold 75 May futures 1290

GFI Sold 300 Jan 1200 Puts 1.375-1.5

Tenco Bot 500 Jan 1280 Puts 9.5

Fimat Sold 250 Mch 1250 Puts/ Sold 250 Mch 1350 Calls 43.5 credit

Rosenthal Sold 2000 Jan 1350 Calls 11-13

ADM Bot 200 Mch 1300/1320 Call spds 10-10.25 db

ADM Bot 700 Jan 1220 Puts 2-2.125

GFI Bot 1000 Jan 1420 Calls 1.75/ Sold 50 Jan futures 1326

Macquarie Bot 200 Jan 1360 Calls 9.5-9.625/ Sold 56 Jan futures 1326

ADM Bot 200 Jul 1280/1240 Put spds 17.75 db

ADM Bot 300 May 1280/1240 Put spds 16.25 db

Fimat Bot 200 Sep 1060/1040 Put spds 3.75 db

Rosenthal Sold 200 WK5 1330 Straddles 15

Bunge Bot 250 Mch 1240 Puts/ Sold 250 Feb 1240 Puts 5.5 db/ Bot 10 Mch futures 1311

Fimat Bot 1200 Mch 1200/1160 Put spds 4.125 db

Fimat Bot 500 Mch 1200/1100 Put spds 7.125 db

 

 

Jon Karmin and Jeff Pogonitz Brokerage