Bean Options Comment

From yesterday afternoon

 

“Fairly active option trade as expected as we approach the all important stocks and planting intention numbers from USDA on Monday.  I anticipate more of the same as we finish the week.  Vol was off early but firmed on short covering into the close.  SK vol 21 unch,  SM vol 21 unch,  SN vol 20.5 down .25,  SX vol 18.5 unch.”

 

Straddles

SK 1440 71-72

SM 1410 93-94

SN 1410 112-113

SX 1180 131-133

 

Marex Sold 1750 June 1460 Calls 25.25-26/ Bot 525 July futures 1403

Cunningham Bot 250 N/X CSO 200/300 Call spds 32 db

ICAP Bot 200 Jul 1440 Calls 42.5/ Sold 80 Jul futures 1408

JP Morgan Bot 1700 Jul 1460/1560 Call spds 20.375-20.5 db/ Sold 316 Jul futures 1405

ADM Bot 400 May 1450/1550 Call spds 24 db

ADM Bot 500 WK! 1450 Calls/ Sold 250 May 1450 Calls 13 db

EDF Bot 2000 May 1380 Puts/ Sold 400 May 1440 Straddles 6 credit

ADM Bot 500 May 1300 Puts 2.5

ABN Bot 200 Jul 1380 Puts 43

 

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