corn options weekly review

corn options weekly review

weekly changes


dec 

424 1/4 up 7 1/4

oi 219 down 4649


jan 

vol 17% down 1/2%

call oi 104923 down 1099

put oi 78137 up 3243


feb 

vol 20 1/2% down 3/4%

call oi 36168 up 7792

put oi 26675 up 6687 


march 

423 1/2 up 3

oi 868791 down 20867

vol 22% unchanged

call oi 289892 up 6132

put oi 163444 up 1224


may 

426 1/2 up 3 1/4

oi 239899 up 9765

vol 23% up 1/2%

call oi 76761 up 2868

put oi 37342 up 2196


july 

428 1/4 up 4 1/4

oi 216101 up 516

vol 23 1/4%

call oi 99683 up 667

put oi 65710 up 937


sept 

414 up 3 1/2

oi 94930 up 8854

vol 22 3/4% up 3/4%

call oi 29148 up 1681

put oi 23271 up 1515


dec21 

412 1/4 up 2

oi 195217 up 2821

vol 20 1/2% up 1/2%

call oi 110701 up 1652

put oi 56018 up 1539


march22

417 3/4 up 2

oi 17159 up 970

call oi 2049 up 62

put oi 1080 up 123










12/7


robot 


bought 2000 week 2 420/425 call spreads paying 1 5/8 covered vs 417


bought 2000 feb 420/425 call spreads paying 1 5/8 covered vs 418


bought 200 march 440/460 call spreads paying 3 7/8 


bought 200 feb 390 puts vs selling the jan 410 puts collecting 1 1/8 


bought 200 feb 405 puts vs selling the jan 405 puts paying 4 5/8 covered vs 417 1/2


bought 1000 may 500 calls paying 6 5/8


bought 900 sept 350 put paying 5 1/8 to 5 1/4


sold 1000 jan 410/420 call spreads @ 6 5/8 covered vs 423


bought 700 jan 425 calls vs selling the feb 440 calls collecting 1 1/8 to 1 1/4


bought 1500 jan 410 puts paying 1 7/8 


sold 100 july 390 calls @ 48 5/8 





settles

dec 419 1/2 on 1100

march 424 on 158k

may 426 3/4 on 38k

july 427 3/4 on 27k

sept 413 1/4 on 7500 

dec21 411 on 17k


vols

f425^ 13 7/8-14 1/4  18.75%

g425^ 26 1/4-5/8  22%

h425^ 34 5/8-35  22.75%

k430^ 48 1/4-5/8  23%

n430^ 58 1/4-3/4  23%

u410^ 60 3/4-61 1/2  22%

z21 410^ 64-3/4  20%



12/8




robot 

bought 250 dec 410/480 call spreads vs selling the 360 put paying 8 1/2


bought 1000 march 400 puts paying 7 5/8 


bought 500 jan 400 puts paying 1 covered vs 419


bought 400 dec 420/500 call spreads vs selling the 380 puts paying 1/2 


bought 2000 jan 435 calls paying 2 3/8 


bought 1000 week 2 420/425 call spreads paying 1 3/4 covered vs 419


bought 500 july 500 calls paying 10


bought 500 march 500 calls paying 2 1/4


sold 800 dec 420 calls from 28 down to 27 7/8 covered vs 409


bought 1200 jan 420 puts paying 6 to 6 1/8 


bought 2000 jan 435 calls paying 2 3/8 


bought 1000 jan 440 calls paying 1 3/8 


bought 2000 week 2 420/425 call spreads paying 2 1/8 covered vs 420 1/2 


bought 1000 jan 425/440 call spreads paying 2 7/8 


vols

f420^ 12 7/8-13 1/8  18.25%

g420^ 25 1/4-5/8  21.5%

h420^ 33 3/8-3/4  22.5%

k420^ 46-1/2  22.75%

n420^ 55 3/456 1/2 23%

u410^ 60 1/2-61 1/4  22%

z21 410^ 63 1/2-64 1/4  20%


settles

dec 417 on 1700

march 419 3/4 on 93k

may 423 on 26k

july 424 on 16k

sept 411 on 3200

dec21 408 1/2 on 8200



12/9


robot

bought 1000 march 400 puts paying 6 3/4


sold 1000 jan 440 calls @ 1 3/8


sold 500 dec 370 puts from 12 1/4 to 12 1/8 covered vs 408 1/4


sold 500 jan 420 calls @ 7 3/8


sold 500 jan 425 calls from 5 1/4 to 5 3/8


sold 500 march 475 calls @ 4 1/8 


bought 750 jan 420 calls paying 7 3/8 to 7 1/2 


sold 600 march/may 430 straddle swaps @ 12 7/8 


bought 200 july 410/380 put spread vs selling the 500 call paying 1 1/4


sold 1000 jan 400 puts from 7/8 down to 3/4 covered vs 421 3/4 


bought 200 march 430 calls vs selling the 405 puts paying 5 1/4


sold 2000 week 2 420 calls from 4 3/4 to 4 5/8 covered vs 422


bought 2000 jan 425/440 call spreads paying 3 3/8 to 3 1/2 covered vs 422


bought 800 july/dec +50 cso calls paying 8 3/4 


sold 250 jan 425 calls @ 5 1/2


sold 150 feb 420 straddles @ 24 7/8 


bought 1000 march 430 calls paying 14 3/8


bought 1000 march 425/450 call spreads paying 7 3/4 to 7 7/8 



on the block 


500 feb 445c/405p strangles were sold @ 10 3/8 



settles

dec 422 on 1k

march 423 3/4 on 78k

may 426 1/2 on 27k

july 427 1/2 on 20k

sept 414 1/2 on 6700

dec21 410 1/2 on 12k


vols

 f425^ 12 1/4-5/8  17.75%

g425^ 25 1/4-5/8  21.5%

h425^ 34-1/4  22.5%

k430^ 48-1/2  23%

n430^ 58-3/4  23%

u410^ 60 3/4-61 1/2  22.25%

 z21 410^ 63 1/2-64 1/2  20%



12/10


pre report 


robot


bought 200 dec 460/510 call spreads paying 7 7/8 


sold 250 jan 415 calls @ 12 7/8


bought 500 jan 425 puts vs selling 1000 jan 410 puts paying 3 1/2 covered vs 425


bought 1000 jan 430 calls paying 4 5/8 to 5


bought 100 dec 450 calls paying 20 3/4


sold 500 sept 420/440/470/490 call condors @ 2 7/8 covered vs 414 1/2


sold 150 short june 410 straddles @ 36 1/4


sold 100 march 425 straddles @ 34 1/2 


bought 1000 week 2 430 calls paying 2 1/4


sold 500 feb 410 puts @ 5 1/4


bought 500 march 440/490 call spreads paying 9 1/8


sold 500 feb 455 calls from 4 1/2 down 4 3/8


sold 100 feb 450 calls @ 5 5/8 covered vs 427


sold 1000 feb 460 calls @ 3 7/8 covered vs 427


bought 500 jan 425 puts vs selling 1000 jan 415 puts paying 1 5/8 


bought 1000 march 400 puts paying 4 3/4 covered vs 427


post report 


sold 1500 feb 430 straddles from 25 down to 24 1/2


bought 250 jan 450 calls paying 1/2


sold 1000 jan 430 calls from 3 1/4 down to 3


bought 1500 march 425/450 call spreads paying 7 1/2 to 7 5/8


bought 300 march 500 calls paying 1 7/8 


bought 1000 march 420 puts paying 1 1/4 covered vs 423


bought 300 july 310 puts paying 7/8 covered vs 423


sold 500 feb 425 straddles @ 23


bought 250 dec 440 calls paying 22 1/4 covered vs 409 3/4 


settles

dec 420 1/4 on 1200

march 421 1/4 on 111k 

may 424 1/4 on 32k

july 425 3/4 on 29k

sept 412 1/4 on 10k

dec21 409 1/4 on 21k


vols

jan 420^ 10 to 10 1/4---15 1/2%

feb 420^ 22 3/8 to 22 3/4---19 3/4%

march 420^ 31 to 31 3/8---21 1/4%

may 420^ 44 1/2 to 45---22 1/4%

july 430^ 56 3/4 to 57 1/4---22 1/4%

sept 410^ 60 to 61 ---22%

dec21 410^ 63 to 63 3/4---19 3/4%


12/11


robot 

bought 1000 july 450 calls paying 21 5/8 covered vs 428


bought 3250 march 490/550 call spreads paying 1 3/8 


bought 1500 jan 430 calls paying 1 3/8 to 1 1/2


sold 600 jan 420 calls from 4 1/4 to 4 3/8 covered vs 419 1/4


bought 400 march 400 puts paying 6 3/4


bought 1000 jan 425 calls paying 2 1/2 


bought 200 march 405 puts vs selling the feb 410 puts paying 1 3/4 


bought 4500 jan 415 puts paying 2 1/8 


sold 400 sept 390 puts @ 18 covered vs 413


sold 500 feb 400p/450c strangles @ 6 1/2


bought 1000 jan 420/430 call spreads paying 3 1/8 


bought 500 march 465 calls paying 4 1/8


bought 500 march 475 calls paying 3 1/8 


bought 1000 march 500 calls paying 1 3/4


sold 500 feb 400p/450c strangles @ 6 1/2


sold 500 feb 425 straddles @ 23 1/4



settles

dec 424 1/4

march 423 1/2

may 426 1/2

july 428 1/4

sept 414

dec21 412 1/4


vols

f425^ 10 7/8-11 1/4  17%

g425^ 23 5/8-7/8  20.5%

h425^ 32 1/2-7/8  22%

k430^ 47 1/2-48  23%

n430^ 58 1/4-59  23.25%

u410^ 62-3/4  22.75%

z21 410^ 64 1/2-65 1/2  20.5%


commitment of traders

CFTC Commitments of Traders Long Report - AG (Combined)


CFTC Commitments of Traders Long Report - AG (Combined)

This is the viewable version of the most recent release of the AG disaggregated long form combined commitments r...




usda report


https://www.usda.gov/oce/commodity/wasde/wasde1220.pdf



stories of interest 

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"There's No Science Claim On This" - O'Leary Lashes Out At State Lockdow...

"There's no science claim on this... people are making 'calmative' science statements... how can 'outside' be le...




Crop Trader Bunge Surges After CEO Forecasts Higher Profits


Crop Trader Bunge Surges After CEO Forecasts Higher Profits

Isis Almeida

Bunge Ltd., one of the world’s top agricultural commodities trader, surged to a two-year high after its chief ex...




The Essex Boys: How Nine Traders Hit a Gusher With Negative Oil


The Essex Boys: How Nine Traders Hit a Gusher With Negative Oil

Liam Vaughan,Kit Chellel,Benjamin Bain

Over the course of a few hours on April 20, a guy called Cuddles and eight of his pals from the freewheeling wor...




Corn Exports: Chinese Pigs, American Crops- "Increasingly Interdependent" ? Farm Policy News


Corn Exports: Chinese Pigs, American Crops- "Increasingly Interdependent...

On Monday, Reuters writer Dominique Patton reported that, "Behind the walls of a hulking industrial compound in ...



Brazil Lowers Corn Production Forecast Because of Dry Weather in South | The Rio Times


Brazil Lowers Corn Production Forecast Because of Dry Weather in South |...

Brazil's corn production forecast for 2020-21 has been cut to 102.6 million mt from 104.9 million mt projected i...



UPDATE 1-China to launch hog futures on Dalian exchange next month


UPDATE 1-China to launch hog futures on Dalian exchange next month

Reuters Staff

* Live pig futures to start trading on Jan 8 -securities regulator



Mapped: Which Countries Have The Worst Air Pollution?


Mapped: Which Countries Have The Worst Air Pollution?

The regions with lower air quality tend to be more landlocked with developing economies, such as some countries ...



https://www.bloomberg.com/news/features/2020-12-10/stock-market-when-oil-when-negative-these-essex-traders-pounced



Citadel Makes Over $1 Billion Trading Commodities In 2020


Citadel Makes Over $1 Billion Trading Commodities In 2020

Citadel’s investments in commodities returned more than $1 billion this year, helping to drive strong overall pe...




Argentina oilseeds unions extend strike as talks stall


Argentina oilseeds unions extend strike as talks stall

Reuters Staff

Argentine grains inspectors and oilseeds workers said on Thursday they would extend a wage strike as stalling co...




UPDATE 3-China says 2020 corn output barely changed from last year


UPDATE 3-China says 2020 corn output barely changed from last year

Dominique Patton

* Corn output 260.67 mln T vs 260.77 mln - statistics bureau * Analysts had been expecting big drop, some questi...



https://www.agweb.com/article/2021-outlook-stage-set-5-corn-new-year



Ukraine grain exports down 15% compared to last year


Ukraine grain exports down 15% compared to last year

Wheat, corn shipments significantly lower in 2020-21 marketing year.




U.S. biofuel coalition escalates legal attack on EPA blending waivers


U.S. biofuel coalition escalates legal attack on EPA blending waivers

Stephanie Kelly

A coalition of U.S. biofuel groups announced on Tuesday it had filed a brief with the D.C. Circuit Court of Appe...



Biden to nominate ex-Iowa Governor Vilsack for USDA secretary


Biden to nominate ex-Iowa Governor Vilsack for USDA secretary

Reuters Staff

U.S. President-elect Joe Biden plans to nominate former Iowa Governor Tom Vilsack for agriculture secretary, acc...




"This Is Astounding": China Is Snapping Up Most Of The World's "Missing" Barrels Of Oil


"This Is Astounding": China Is Snapping Up Most Of The World's "Missing"...

Put simply: the data suggest China has overbought crude to put in storage, and in the year-to-October, China has...



What Trade War? Trump Heartland Sees Record Farm Sales to China


What Trade War? Trump Heartland Sees Record Farm Sales to China

Measured by the bushel, the U.S.-China relationship has never been stronger.Through the trade war and open hosti...



https://www.bloomberg.com/news/articles/2020-12-08/china-u-s-farm-ties-are-stronger-and-more-tenuous-than-ever



Column: China's imports of major commodities show early signs of moderating


Column: China's imports of major commodities show early signs of moderating

Clyde Russell

China has almost single-handedly rescued commodity markets throughout the global coronavirus pandemic, but there...



Citadel hires Morgan Stanley's former head of commodities


Citadel hires Morgan Stanley's former head of commodities

Reuters Staff

Citadel, the Chicago-based hedge fund giant, has hired former Morgan Stanley commodities trading chief Jay Ruben...





Flush with cash, Chinese hog producer builds world's largest pig farm


Flush with cash, Chinese hog producer builds world's largest pig farm

Dominique Patton

(This December 7 story corrects spelling of Ellermann in para 21, 22)



What's the Corn to Soybean Acreage Ratio? - There's a Map for That


What's the Corn to Soybean Acreage Ratio? - There's a Map for That

NAFB

(KMAland) -- Have you ever wondered which parts of the Midwest grow more corn, and which parts grow more soybean...


Adam Ginensky, Ph.D.

Associate Director, Risk for AG OTC Structured Products at RJO

4 年

Looks like a pic from the ED options pit !

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