Bean Options Comment

Beans traded on both sides of unchanged today consolidating a bit.  As expected vol got smoked.  Its only the beginning of December but vol is trading like its the Christmas holidays.  SF vol 14.75 down 1.75, SH vol 16.5 down 1.25, SX vol 15.75 down .25

 

Straddles

SF 1320 40-41

SH 1300 80.5-82

SX 1140 134-136

 

Rand bot 500 Jan 1240 Puts/ Sold 1000 Jan 1200 Puts 1 db

ABN Sold 2500 Jan 1220 Puts 1.75-2.25

Fimat Bot 250 Mch 1250 Puts 24.25

Obrien sold 200 mch 1300 calls 45

ADM Sold 200 Jan 1330 Puts 30

Tenco Sold 1400 Jan 1320 Calls 19.125-19.25/ Bot 672 Jan futures 1315

Cunningham Bot 200 Jul 1240/1140 Put spds 27.75 db

ADM Sold 400 Jul 1240 Puts 41.5-42

ADM Sold 300 Jan 1280/1360 Call spds/ bot 300 Jan 1260 Puts 40 credit

GFI Bot 1800 Mch 1400 Calls/ Sold 1800 Jan 1400 Calls 8.75-9.25 db

Fimat Bot 200 Sep 1060/1040 Put spds 3.625 db

Rosenthal Bot 200 Jan 1300 Puts 11-11.25

EDF Bot 300 Jul 1180 Puts 23-23.25

JP Morgan Bot 500 Nov 1100 Puts/ Bot 500 Nov 1200 Calls 91.25-91.75 db

JP Morgan Bot 250 Mch 1400 Calls 10.375-10.5

Merrick Sold 600 Jan 1340 Calls 13.75/ Bot 240 Jan futures 1325

 

Jon Karmin and Jeff Pogonitz