Bean option recap by Jon Karmin

Still flushing out shorts in SX.  We moved right up to the 200 day moving average and even traded through it before settling back.  Sx is getting a little pricey but we will not break until the weaker shorts are out.  Traders have given up on the SX $10 area they were looking for earlier in the year for the time being.

Tenco bot 1000 Nov 1100 Puts 10.625-10.75/ Bot 110 Nov futures 1280

Tenco Bot 1000 Nov 1200 Puts 31-31.125

Tenco sold 1100 Nov 1120 Puts 12.75-12.875/ sold 155 nov futures 1283

Rosenthal Bot 200 Nov 1120 Puts 12.5

Tenco Sold 250 nov 1200/1140 Put spds/ Bot 250 Nov 1500 Calls even

Tenco bot 250 Nov 1000/1280 call spds 285.5 db

Fimat Bot 500 SDFN 1260 Puts 12/ Bot 120 Nov futures 1243

Straddles> Jul 1500 68.5-70/ Nov 1280 127-130

VOLS> Jul 22.5 down 1.75/ Nov  19.75 down .5

 

Jon Karmin and Jeff Pogonitz Brokerage

Thank you,

Kate Rosenberg