Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Both the settlement and last post-close trade were at 120.15. All of the calls that were open at 120.00 we’re exercised. Of the 2,652 puts that were open 73 lots were exercised and 2,579 lots were abandoned. Whenever the closing price is so close to the striking price it is a question if more of the abandoned should have been exercised. If so, then we have a few longs in the form of hedges against the unexercised puts. Just possibilities and not suggestions.