Bean Option Comment

Again meal took us higher as it made contract highs.  If you are a bean bear then you are getting some pretty good levels.  Beans are a follower and nothing else.  Vol was a higher but mostly in front.  SH vol 15 up .625, SK 15.75 up .625, SN 16.5 up .125, SX 16.5 up .125.

 

Straddles

SH 1320 34.5-35.5

SK 1300 76-77

SN 1280 103-105

SX 1120 122-124

 

 

Obrien Bot 800 Mch 1250 Puts 2.5-3

Obrien Bot 800 May 1340 Calls 15-17.5

JP Morgan Sold 500 Mov 1040 Puts 32.25/ Sold 140 Nov futures 1108

GFI Sold 1300/1400 Call spds 24.5/ Bot 50 Jul futures 1266

Rosenthal Bot 200 Jul 1200 Puts/ Sold 200 Jul 1360 Calls 6.5 db/ Bot 100 Jul futures 1266

Bunge Sold 200 SDFK 1080 Puts 19

Obrien Bot 700 Jul 1300 Calls 37-39

Obrien Sold 200 May 1270 Puts 30.5

Obrien Bot 200 WK1 1290 Puts/ Sold 200 WK1 1310 Calls even

FI Bot 600 Apr 1240/1200 Put spds 6.375 db

Obrien Bot 250 May 1180 Puts 6.5

Rosenthal Bot 500 Mch 1250 Puts 2.5

Tenco Sold 300 Jul 1180 Puts 17.5

GFI Sold 200 Mch 1220 Puts .875

FI Sold 750 Mch 1280/1240 Put spds 4 credit

FI Sold 700 Mch 1300 Calls/ Bot 1400 Mch 1330 Calls 4.25 credit

Macquarie Bot 250 Mch 1310/1280 Put spds 10.25 db/ Bot 60 Mch futures 1312

Tenco bot 250 Jul 1220/1120 put spds 19.875 db/ Bot 50 Jul futures 1280

Macquarie Bot 1000 Mch 1360 Calls/ Sold 1000 Mch 1260 Puts .625 db/ Sold 240 Mch futures 1313

Tenco Bot 1000 Mch 1300/1280 Put spds 5.75/ Bot 160 Mch futures 1313

Tenco sold 200 Jul 1300/1340 Call spds 14.5 credit/ Bot 24 Jul futures 1280

Tenco Sold 300 N/X CSO 100 Puts 9

Tenco Sold 200 Mch 1300 calls 25

 

Jon Karmin and Jeff Pogonitz Brokerage