Bean Option Recap

Beans traded significantly lower on the open but bounced hard and rallied over 20 cents during the session to close very nicely and only a few cents off yesterday’s swing high.  Vol rebounded off of yesterday’s thrashing.  SH vol 15.25 up .5, SJ vol 15.25 up .75, SK vol 15.25 up .5, SN vol 16 up .5, SX vol 16 firm.

 

Straddles

SH 1330 27-28.5

SJ 1320  52-53.5

SK 1320 72.5-73.5

SN 1300 97-99

SX 1120 118-120

 

 

Macquarie Bot 225 May 1330 Calls 23.25/ Sold 90 May futures 1304

Obrien Bot 200 May 1260 Puts 17

Tenco Bot 300 Mch 1300 Puts/ Sold 300 April 1250 Puts even

Macquarie Bot 200 May 1270 Puts/ Sold 200 April 1270 Puts 9.25 db

Tenco Bot 250 April 1390 Calls 3.625-3.75

FI Bot 500 April 1330 Calls/ Sold 500 Mch 1330 Calls 6.125-6.375 db

Tenco Bot 300 Mch 1320/1280 Put spds 8 db

ICAP Sold 500 April 1350 Calls 11.5/ Bot 150 May futures 1315

ADM Sold 400 April 1270 Puts 8.75

Rosenthal Bot 1200 May 1250 Puts 12-13

FI Bot 200 April 1350 Calls 13.25

Tenco bot 1000 Nov 1060/1000 Put spds 16.625 db

ICAP Bot 500 Mch 1300 Puts 3.5

Rosenthal Bot 200 Jul 1300 Straddles 98

ABN Sold 1000 Mch 1250 Puts .375

ABN Sold 1000 Mch 1260 Puts .625

Rosenthal Sold 600 May 1340 Calls 26.5/ Bot 252 May futures 1318

Rosenthal Sold 200 Jul 1360 Calls 24.5/ Bot 64 Jul futures 1297

 

 

Jon Karmin and Jeff Pogonitz Brokerage