Bean Option Recap From Jon Karmin

Beans rocketed higher overnight as the meal frenzy continued but closed relatively unchanged as meal did meet some resistance and closed slightly lower for the day.  The bean high was made near fairly significant resistance and where it will be difficult to trade above and particularly close above.   SZ vol 25.75 up 2, SF vol 23.625 up 1.125, SH vol 22.75 up .875, SX15 vol 19.25 up .375.

 

Straddles

SZ 1020 54-55

SF 1020 76.5-77.5

SH 1020 104-105

SX15 1000 148-152

 

Marex Bot 1500 Nov15 840 Puts/ Sold 3000 Nov15 740 Puts/ Bot 1500 Nov15 640 Puts 10 db

ABN Bot 1500 March 1060 Calls 40.5-41.25/ Sold 675 March futures 1033

DRAX Bot 200 Dec 1000 Calls 42

TJM Bot 1000 May 1040 Calls 61/ Sold 500 May futures 1037

FI Bot 350 Jan 960 Calls/ Sold 350 Jan 900 Puts 74 db

JP Morgan Sold 200 March 1140 Calls 15.5

JP Morgan Sold 200 May 1140 calls 23.5

ABN Bot 1500 March 1060/1100 Call spds 12.875 db/ Sold 150 March futures 1022

ABN Sold 400 March 1060 Calls 34.5-35/ Sold 160 March futures 1020

ADM Bot 500 Jan 940 Calls 86-93

Jefferies Bot 2000 Jan 980 Puts 21.75-22.25/ Bot 600 Jan futures 1020-1022

TJM Sold 1000 March 1100 Calls 23.25-23.5/ Bot 300 March futures 1034

EDF Bot 400 Jan 980/920 Put spds 12.75-14.25 db

Bunge Bot 4000 Jul 940/920 Put spds 5.625 db

ABN Sold 1500 Jul 860 Puts 11.5-12

Obrien Bot 200 Dec 960/920 Put spds 5 db/ Bot 20 Jan futures 1022

Jefferies Sold 2000 SDFH 980/1020 Call spds 19.5 Credit

TJM Sold 10000 Jan 980/920 Put spds 12.75-14.25 credit

ABN Bot 200 Jan 960/920 Put spds/ Sold 200 Jan 1120 Calls even-1 db

ABN Sold 1000 Jan 980/920 Put spds 12.25-12.75 credit

Obrien Sold 500 Jan 980/920 Put spds 12.5 credit

ABN Bot 200 Jan 920 Puts/ Sold 200 Jan 1140 calls 2 db

Macquarie Sold 500 Jan 1040 Calls 30/ Bot 230 Jan futures 1023

Rosenthal Bot 2000 Jan 980/920 Put spds 13.5-13.75 db

Rand Bot 2000 Jan 1000 Puts 27.5-28/ Bot 800 Jan futures 1024

Macquarie Sold 500 Jan 1050 Calls 25.25/ Bot 210 Jan futures 1021

Bunge Bot 1800 Jul 1020 calls/ Sold 1800 Nov 1000 Calls 4.875-6 db

ABN Bot 1400 Jan 980/920 Put spds 14.625-15.125 db

Jefferies Sold 600 Jan 1060 Calls 15/ Bot 204 Jan futures 1020

 

Jon Karmin (JSK)/Jeff Pogonitz (POG) Brokerage

 

Data source: Jon Karmin and Jeff Pogonitz bean option brokers