Coffee Traders' Forum - A Discussion about Coffee Futures Trading


Coffee Traders Discussion Forum

Coffee Traders' Forum

Market/Volatility

The buying that we saw earlier to the 127.50 area was short lived. The fact that 127.50 is a strike price adds to the explanation of no follow through higher. Possibly next week we’ll see clearer direction as options will have expired. For now we have continuous selling but light by systems. Bids are lined up, 650 lots are wanted from 125.70 to 125.00. Some are fake as we’ve seen. A fake TAS bid was just recently cancelled. Desperation.

KC Straddle Update: (Z 12600)
X 125 strd 200/230, Exp Tomorrow
Z 125 strd 735/765, 25.2% unch
F 130 strd 1030/1065, 25.1% -0.1%
H 130 strd 1445/1485, 24.75% -0.1%
K 132.5 strd 1810/1860, 24.75% -0.2%

KC Straddle Update: (Z 12600)
X 125 strd 200/230, Exp Tomorrow
Z 125 strd 735/765, 25.2% unch
F 130 strd 1030/1065, 25.1% -0.1%
H 130 strd 1445/1485, 24.75% -0.1%
K 132.5 strd 1810/1860, 24.75% -0.2%