Bean option recap

Continued bull calendar spreading across the floor today.  Markets were jumpy and watching gold closely for another flush.  There was light buying throughout the day but vol generally traded at unchanged levels.  After watching the gyrations in gold the past few sessions traders are uneasy selling premium in the hole.

Bunge Sold 500 Shortdated July 1240 Calls 24

Rand Bot 10000 Nov 1120 Puts/ Sold 5000 Nov 1200 Puts .5 db

ADM Sold 400 may 1410 Puts 14-14.25

ABN Sold 1000 Nov 1120 Puts/ Bot 500 Nov 1200 Puts .5 credit

Capcom Bot 500 Jul 1400 Calls/ Sold 500 Nov 1300 calls 10 credit

Rosenthal Bot 500 may 1420 Calls 12.5-13

Macquarie Bot 800 N/X 200 calls (CSO) / Sold 400 N/X 100Puts (CSO) 3 db/ Sold 400 N/X future spds 155

ADM Bot 1000 May 1410 Calls 18.75-19.5

FC Stone Bot 250 Aug 1340 straddles 114.75

Rosenthal Bot 200 N/X 110 Puts 12

Straddles> May 1400 33-34.5/ July 1380 86-88/ Nov 1220 143-146

Vols> May 16.5 unch/ July 18.5 unch/ Nov 20.5 up .25

 

          Jon Karmin /Jeff Pogonitz Brokerage (Bean option brokers)