Bean Option Recap From Jon Karmin

Bean vol again traded lower as recent gains in premium are quickly being erased.  It is hard to sell an already lower board but without a surprise in Monday’s report current values will seem very lofty next week.  A lot of the price action this week is unwinding and pre-report positioning so not a lot can be read into recent trade.  Many traders are waiting for Monday’s numbers before initiating positions so a lot can change between now and next later next week.  SG vol  25.5 down .25, SH vol 23.5 down ..25,  SK vol 23 unch SN vol 23 down .25 SX vol 21 unch

 

Straddles

SG 1050 43-44

SH 1050 66-67

SK 1060 102.5-104

SN 1060 130-131.5

SX 1020 149-151

 

Rosenthal Sold 500 Feb 990 Puts 4.625

EDF Sold 200 N/X CSO 40 Calls 22

EDF Bot 200 WK3 1020 Puts/ Bot 200 WK3 1080 Calls 14 db

ABN Sold 200 May 1100 Calls 31.5

ABN Bot 600 Feb 1020 Puts 11.5

ABN Sold 300 May 1100 Calls 31.25-31.5/ Bot 900 Feb 1020 puts 10.875

Obrien Bot 4500 March 1110 Calls/ Sold 4500 March 990 March Puts 1-1.375 credit/ Sold 2250 March futures 1048

Mizuho Bot 250 May 1040/960 Put spds/ Sold 250 May 1140 Calls 5.25 db

ADM Sold 350 Feb 1030 Puts 12.25-13

Rosenthal Sold 200 WK3 1080 Calls/ Bot 200 WK3 1050 Puts 10 db

TJM Sold 500 May 920 Puts 9.75

Tenco Sold 400 Feb 1060 Calls 17-17.25

DRAX Bot 500 March 1150 Calls 5.5

EDF Sold 200 March 1040 Straddles 66.5

Marex Sold 500 March 1000 Puts 13.875/ Sold 130 March futures 1051

Tenco Sold 500 Feb 1030 Puts/ Sold 500 Feb 1070 Calls 25 credit

Rosenthal Bot 200 Feb 1100 Call 5

Rosenthal Bot 300 Jul 1100 Calls 49-49.25

 

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

 

Data source: Jon Karmin and Jeff Pogonitz bean option brokers