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ShelladyOptions
Senior Contributor

OptionEye....May15th

Good morning.

 

Volume and action yesterday was very light. I can't remember a day when we traded so little in the options area that wasn't a holiday. Very quiet but May tends to be that way.

 

Corn down 2. Beans down 4 and wheat down 6ish.

 

The 10 year is making a run at 2.00% telling us that things may be getting better. I still have some doubts/worries but all of us on the floor in Chicago would love to have things better sooner rather than later. The perverse thing is that a slight interest rate rise might actually be good for the economy.

 

Stocks are just a little lower today and stories doing the rounds that gold is dead. I think that is a little premature but it's down again today by $14 trading around $1411.

 

91 degrees in parts here yesterday. Time to get into shape. My shorts shrunk in the closet over the winter. Oh well.

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3 Replies
Canuck_2
Senior Contributor

Re: OptionEye....May15th

My closet has been shrinking my clothes too.

Maybe it is the wash and dryer.

Has been a problem ever since I got rid of the pigs.

Maybe it is the aroma that kept them from shrinking before.

 

Thanks for your posts.

I read but seldom think to say thanks.

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marketeye
Veteran Advisor

Re: OptionEye....May15th

Sounds like you need to go 'long' any tennis shoe manufacturers and swimtrunk distributors?

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giolucas
Veteran Advisor

Re: OptionEye....May15th

That is too funny.  🙂

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