Bean Option Recap

Beans began firm following meal but as meal broke through yesterday’s highs following informa’s numbers beans followed lower taking no prisoners.  Vol was steady.  SF vol 15.25 down .25, SH vol 17.75 up .25, SX vol 17 unch.

 

Straddles

SF 1320 26.5-28

SH 1320 79-81

SX 1160 142-144

 

Tenco Sold 200 Feb 1350/1380 Call spds 10 credit

FI Sold 1000 Mch 1200 Puts 6.5

ABN Bot 300 Feb 1400 Calls 7-7.25

Tenco Bot 200 Mch 1340 Calls 30.5

Rand Bot 600 Jan/ Mch  CSO 20 Calls .75

JP Morgan Bot 250 Jul 1240 Puts/ Bot 250 Jul 1340 Calls 86 db/ Sold 10 Jul futures 1288

Rosenthal Bot 200 Jan 1340 Calls 7.25/ Sold 64 Jan futures 1326

 

Jon Karmin and Jeff Pogonitz Brokerage