corn options weekly recap
goldman roll starts on monday
there is a number on 6/10
weekly changes
july
682 3/4 up 26
oi 539634 down 53354
vol 39 1/2% up 2 1/2%
call oi 329678 up 10653
put oi 320738 up 2875
aug
vol 47 1/2% up 3 3/4%
call oi 33374 up 4809
put oi 25415 up 3455
sept
606 1/2 up 33 1/4
oi 335251 up 9814
vol 45% up 3%
call oi 159231 up 4169
put oi 132464 up 3171
dec
591 1/2 up 46
oi 554091 up 15743
vol 40 1/4% up 2 1/4%
call oi 458443 up 5597
put oi 312618 up 2750
march
598 up 45 3/4
122489 up 5190
vol 35% up 1 1/2%
call oi 30163 up 1794
put oi 32995 up 2291
may
600 3/4 up 45
oi 38988 up 3050
call oi 5726 up 428
put oi 8949 up 252
july22
599 3/4 up 45 1/4
oi 62610 up 4931
call oi 18273 up 1185
put oi 20498 down 32
dec22
506 1/2 up 49 1/4
oi 50054 up 2711
call oi 12322 up 177
put oi 7414 up 114
day by day activity
5/31
Memorial Day
6/1
corn
sold 1000 dec 560/600 call spreads @ 15 1/2
bought 1000 dec 650 calls paying 40 covered vs 575
bought 1000 sept 700 calls paying 26 to 26 1/8 covered vs 606 1/2
bought 400 dec 590/680 call spread vs selling the 500 put paying even
bought 400 dec 580 straddles covered vs 580 3/4 vs selling the march 580 straddle covered vs 585 3/4 collecting 6
bought 2000 dec 500p/650c strangles paying 69 to 69 3/4
bought 1000 dec 500 puts paying 24 5/8 to 25
bought 300 july 690/740 call spreads vs selling the 640 puts paying even
sold 300 sept 800 calls @ 9 3/4
sold 100 sept 660 calls @ 31 1/2
bought 200 july 680 calls paying 27
sold 100 dec 450/500 call spreads @ 35
bought 2000 dec 500p/650c strangles paying 69 to 69 3/8
sold 1000 week 1 660/695 call spreads @ 23 1/4 covered vs 695
bought 500 july 585 puts paying 2 3/4
bought 250 short sept 700 calls paying 20
bought 2000 dec 500p/700c strangle paying 57 to 59
sold 150 red sept 480/430 put spreads @ 19 1/2
sold 1000 dec 600/650 call spreads from 15 1/4 to 15 1/8
bought 1200 dec 580/650 call spreads paying 22 3/8 covered vs 575
sold 700 july 660 puts from 15 5/8 down to 15 1/2
sold 100 march 500p/650c strangles @ 73 1/4
bought 900 sept 550 puts covered 606 3/4 vs selling 450 july 650 puts covered 691 1/2 paying 37
bought 600 july 640 puts vs selling 1200 july 610 puts paying 1/2
sold 200 july 645 puts from 10 3/4 to 10 5/8
bought 200 short aug 520/480 put spreads paying 10 1/2
sold 2000 dec 550/570 call spreads @ 8 3/8
sold 500 dec 600/700/800 call flies from 12 to 12 3/4
bought 1300 dec 550/600/650 call flies paying 4 3/8 to 4 5/8
bought 2000 sept 750 calls paying 17 to 17 3/8
sold 750 sept 600 straddles from 105 5/8 down to 105 1/4
bought 1000 dec 560 calls paying 73 1/4
settles
july 688 3/4 on 145k
sept 602 on 55k
dec 577 on 130k
march 583 1/4 on 15k
may 586 1/2 on 8600
july22 585 3/4 on 7000
sept22 520 1/4 on 1300
dec22 498 3/4 on 4700
vols
n690^ 57 1/2-58 40.5%
q600^ 84 1/2-85 1/4 46.75%
u600^ 104 1/2-105 1/4 44.75%
z580^ 129 3/4-130 1/2 40.5%
h580^ 137-138 35.25%
6/2
corn
sold 2200 july 750 calls from 6 1/8 to 6 5/8
bought 500 july 650 puts paying 17
bought 400 week 1 660/640 put spreads paying 3 1/2
bought 2000 july 700 calls paying 17 to 18
sold 400 short july 570 puts @ 22 1/2
bought 1000 dec 500 puts paying 26 1/4 covered vs 568 1/2
bought 1000 dec 630/670 call spreads paying 10 1/8
bought 500 dec 600/660 call spreads paying 17 1/8
bought 500 aug 650 calls vs selling the july 750 calls paying 15
bought 1000 week 1 680/695 call spreads paying 4 1/2 covered vs 676
bought 100 july dec +120 calls paying 9
bought 500 aug/july 525 put spreads paying 13
bought 1000 short aug 650/700 call spreads paying 8 1/2 covered vs 574
bought 300 july 600 puts paying 3 1/4
bought 500 red july 550 puts covered vs 589 against selling 500 dec 750 calls covered vs 580 paying 31
bought 1000 july 640 puts paying 8 5/8 to 8 7/8
bought 200 short july 510 puts paying 4
sold 200 dec 500 put / 780 call strangles @ 40 1/2
bought 300 dec 820 puts paying 12 1/4
sold 500 short july 575 puts @ 22
bought 750 july 740 calls vs selling the aug 650 calls collecting 13 7/8
bought 250 short july 630 calls paying 7 5/8
sold 400 dec 700 calls @ 27 1/4 covered vs 576
bought 300 short july 635 calls paying 6
bought 400 short july 630 calls paying 6 5/8
sold 400 short aug 530 calls @ 63 5/8
settles
july 675 on 142k
sept 593 1/4 on 66k
dec 572 3/4 on 108k
march 579 1/4 on 11k
may 582 1/2 on 5600
july22 582 1/4 on 6400
sept22 517 on 1500
dec22 497 on 3100
vols
n675^ 53 1/4-3/4 39%
q595^ 82 1/2-83 46.5%
u595^ 102-1/2 44.25%
z570^ 125 1/4-3/4 39.75%
h580^ 135-136 34.75%
6/3
corn
bought 500 week 2 690/730 call spreads paying 7 5/8
sold 400 short july 500/560 call spreads @ 46
bought 500 short aug 650/750 call spreads vs selling the july 700/800 call spreads @ even
sold 300 dec 500 calls @ 102 covered vs 578
bought 500 july 655/620 put spreads paying 11 1/2
bought 500 july 610 puts paying 7 3/4
bought 150 sept 750 calls paying 11 1/4
bought 1500 july 700 calls paying 9 3/4 to 10
bought 250 sept 700/800 call spreads paying 11 1/2
bought 500 dec 360 puts paying 1 1/2
bought 500 week 1 660/640 put spreads paying 7 3/4
bought 200 dec 600/650 call spreads paying 16
bought 200 short july 600 calls paying 14 5/8 to 14 3/4
from last night into today a total of 2900 dec 600/730 call spreads sold vs buying the 420 puts collecting 27 5/8 down to 27 1/2 covered vs 579 1/4
bought 300 july 630/690/770 broken call flies paying 17 1/2
sold 300 week 2 620 puts @ 2 3/8
bought 300 dec 700/900 call spreads paying 18 1/2
sold 1000 july 740 calls from 7 down to 6 5/8
settles
july 662 on 145k
sept 582 1/4 on 69k
dec 566 1/2 on 125k
march 573 1/4 on 12k
may 576 3/4 on 6000
july22 576 on 4700
sept22 516 1/4 on 650
dec22 497 on 1800
vols
n660^ 49 1/4-3/4 38%
q580^ 77 3/4-78 1/4 45.5%
u580^ 96-1/2 43%
z570^ 122 1/2-123 39%
h570^ 130 1/2-131 1/2 34.25%
6/4
corn
bought 1000 week 2 685 calls paying 16 1/4 to 16 1/2 covered vs 682 1/2
bought 600 dec 600/750 call spreads vs selling the 450 puts paying 18 3/4
bought 250 dec 250 puts paying 1/4
bought 300 dec 600/540 put spreads paying 34 1/2
bought 1000 july 760/780 call spreads paying 1 3/4 covered vs 678 1/2
bought 300 short aug 600/700 call spreads vs selling the 500 put paying 15 1/4
bought 200 dec 640 calls paying 43 1/2
bought 500 july 645 puts paying 11 1/8
bought 150 short dec 640 calls paying 4 1/2
sold 100 july 650 calls @ 40
sold 1000 july 685 calls from 21 1/2 down 21 1/4
bought 500 aug 700 calls paying 12 7/8 to 13
bought 400 dec 600/750 call spreads vs selling the 520 puts paying 5 1/8 to 5 1/4
sold 100 dec 1000 calls @ 4 1/4
sold 100 july sept +80 calls @ 5 1/2
bought 300 dec 700/900 call spreads paying 21
sold 500 july700 calls @ 18
bought 1000 dec 650 calls paying 43 to 45
bought 250 may 600/700 call spreads vs selling the 500 puts paying 9
sold 300 week 2 730 calls @ 3 5/8
bought 200 march 650 calls paying 51 5/8
sold 1000 july sept +70 puts @ 6
bought 500 sept dec +10 puts paying 9 to 9 3/4
bought 400 july sept +80 calls paying 9 1/2
bought 150 dec 670/770 call spreads paying 19 1/2
bought 800 july dec +120 calls paying 5 3/4
settles
july 682 3/4 on 128k
sept 606 1/2 on 64k
dec 591 1/2 on 108k
march 598 on 10k
may 600 3/4 on 7100
july22 599 3/4 on 6500
sept22 527 on 1500
dec22 506 1/2 on 3100
vols
n685^ 52 1/4-3/4 39.5%
q605^ 84-1/2 47.5%
u605^ 104-1/2 45%
z590^ 130 1/4-3/4 40.25%
h590^ 137-138 35%
commitment of traders
https://www.cftc.gov/dea/options/ag_lof.htm
crop progress
stories of interest
https://www.world-grain.com/articles/15372-drought-drops-brazils-second-corn-crop-to-five-year-low
https://www.wsj.com/articles/renewable-fuel-push-drives-soyoil-prices-to-record-high-11622980800
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