Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Well said Nagual, Tango and Admiral.
I think we all make valid points. Admiral, we saw the exactly what you described all week ahead of today’s J expiration. Settlement was within 3 ticks of 1.20 so perhaps ( though I don’t see anything significant) something to look for in terms of today’s expiration. As for the Open interest in May puts you at have correct though I am not certain on roasters being the defining short.
Looking ahead we know we have forward buying, most notable H19 @ 1.30 and Z18 @ 1.26.
Good trading to all.