Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Excellent input, Tango. Thank you kindly. As of yesterday's close p/c OI on the 120.00 line stood at 7724 (2896c, 4828p), by far the largest OI on the M board. I'm expecting that strike to be a lasso into Friday and will adjust my outlook accordingly. We may have seen and anticipation of a 120.00 strike "sit" scenario yesterday as base vol in the M softened considerably.