Morning bean option comment

The overnight bean session was one of the slowest we have seen over the last couple of months as less than 500 options traded on globex before the halt at 7:45am. As a result of the lack of order flow and fluctuation in the flat price, vol was close to unchanged across the entire curve. Before the close, K was up .2 to 16.7%, M up .1 to 17.4%, N unchanged at 17.6%, Q up .2 to 19.7%, U unchanged at 20.4%, X up .1 to 21%, F up .2 to 19.8%, H up .3 to 19.6%, K4 unchanged at 19%, and N4 unchanged at 19.3%

soybean straddles
K 1380 40-41 1/2 IV 16.7%
M 1350 66-68 IV 17.4%
N 1350 84 1/2-87 IV 17.6%
Q 1320 112 1/2-115 1/2 IV 19.7%
U 1260 124 1/2-127 1/2 IV 20.4%
X 1240 151-154 IV 21%
F 1240 164-168 IV 19.9%
H 1240 179-183 IV 19.7%
K 1240 183 1/2-188 1/2 IV 19.7%
N 1260 200 1/2-206 1/2 IV 19.3%

– Macquarie Trader