Corn Futures
Long

short PUT on Corn

579
According to the seasonal pattern (summer rally), Corn Future is on its move to higher ground also raising volatility along its move upward. This trend is supported by the commercials' net long position, which comes from the closing out of the short positions. OI is rather low, meaning that public is not the driving source behind the price movement.

Option Trade Idea:
  • short Put 355
  • duration 60 days (July 17th 2017)
  • Premium: 1 7/8 (x5000) = appr. 100$ per option
  • Delta: 11
  • Volatility: 22.2%

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