Bean Options Quote

SN hit stops above the yearly high of 1483.5 early in the session and then broke during the session.  It then rallied back.  I think there are significant shorts at the $15 level per options.  There could be some pain inflicted above that level should we go there.  My philosophy on the market is that it gravitates to the place which causes the most pain so values well above$15 could happen quite quickly.  Vol caught a bid early and never looked back.  SM vol 22 up 3, SN vol 20.5 up1.5, SX vol 19.5 up.5.

 

Straddles

SM 1480 24-27

SN 1480 70-72

SX 1240 123.5-126

 

 

Mizuho Bot 300 jul 1470/1400 put spds / sold 300 Sep 1440 Calls 12 db

JP Morgan Sold 1000 Jul 1440/1540 Call spds 41-43 credit

ABN Sold 750 Nov 1300 Calls / Bot 750 Jul 1500 calls 10-11.5 credit

Rosenthal Sold 250 June 1470 calls 14.5

Tenco Bot 200 jul 1460/1400 Put spds 17 db

Obrien Bot 1000 Jul 1360 puts 3.625-3.875

Obrien Bot 1800 Jul 1380 Puts 5.5-6.5

Obrien Bot 800 Jul 1400 Puts 8-9

EDF Bot 500 jul 1420 puts 12.25

ADM Bot 1000 Jul 1370 puts 4.625-4.75

Rosenthal bot 200 n/X CSO 140 Puts 4

Rosenthal Bot 350 N/X CSO 130 Puts 3.5

ADM Sold 200 nov 1100 Puts 16

ADM Bot 250 jul 1370/1470 call spds 94 db

FC Stone Bot 400 nov 1300 calls 34.5-34.75 db/ Sold 140 Nov futures 1230

Bache Bot 300 Jul 1380 puts 6-6.25

Bunge Bot 500 Week5  1500 Calls 12

Tenco Bot 600 June 1440/1400 Put spds 2 db

Obrien Bot 400 jul 1500/1560 call spds / sold 400 jul 1430 puts .5 db

GFI Bot 200 nov 1100/1080 Put spds 3.375 db

ADM Sold 400 jul 1480 puts 32-34.75

Bunge Bot 500 Jul 1440/1400 put spds 9 db

GFI Sold 500 Jul 1460 calls 43-44.25

Macquarie Sold 500 jul 1450/1480 call spds 17 credit

Macquarie Sold 200 jul 1480 straddles 69

Rosenthal Bot 350 SDFN 1260 Calls 15-15.5

Bache Sold 400 jul 1500 calls 25.75/ Bot 168 Jul futures 1479.5

JP Morgan Bot 500 jul 1420 puts 12.125/ Bot 108 jul futures 1487

Tenco bot 400 jul 1450/1430 put spds 5.625 db

ABN Bot 500 Jul 1460/1400 put spds 14.25-14.5 db

 

 

Jon Karmin and Jeff Pogonitz