Coffee Traders Forum
[ Post a Response | Coffee Traders Forum ]
Re: Spread manipulation.
Hi Dude. Ever since options became so prominent in KC, expiration day is effectively the last day of trading for spread traders. From expiration on we just see tidying up by funds and trade. What we are seeing today are the vestiges of the OI that we had before option expiration. Activity in Dec is confined mostly to delivery or, more likely, EFP postings as we saw yesterday. Presently the DecMar quote is -1.50 bid and -.55 ask 1 lot on either side. It truly means nothing and I donít think that we should assign any meaning. DecMar is over. GT