Bean Option Recap

Not much to talk about today.  Beans traded both sides of unchanged today and closed on their highs but without much excitement.  We saw spreads weaken.  May options go off tomorrow and there appears there are no strikes which will cause traders any trouble.  Most of the trade is looking at inter-market spreads.  Vol was weak across the board.  SM 21 down .75, SN 21 down .375, SX 20.375 up .125.

 

Straddles

 

SM 1470 69-70.5

SN 1470 96-98

SX 1220 139-141

 

ADM Bot 2000 Nov 1000/900 Put spds 5-5.125 db

Bache Bot 200 Jul 1600 Calls 16

ADM Sold 200 may 1490/1450 Put spds 18.5-19.5 credit

GFI Sold 1500 June 1460 Calls 36.25-37.25/ Bot 800 Jul futures 1463

Rosenthal Sold 200 SDFN 1300 Calls 10.5

Marex Sold 500 June 1460 calls/ Bot 1000 Jul 1540 Calls 6.25 db

Fimat Sold 400 May 1450 Calls 18.25/ Bot 320 May futures 1465

EDF Sold 700 SDFN 1200 Puts 20

ABN Sold 400 May 1450 Puts 2.75

 

Jon Karmin and Jeff Pogonitz Brokerage

 

Data Source: Jon Karmin (JSK) and Jeff Pogonitz (POG)