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Senior Contributor

OptionEye.....Nov 18th

Good morning.


Big volumes overnight.


Corn down 4. Beans unchanged and wheat up .25.


The world is waking up to the EPA announcement on Friday combined with a big crop. Puts are still the flavor of the day.


Janet Yellen was the reason for the stock rally on her dovish comments last week and that will be the reason today. Stocks are up. Gold is off $6.84 and oil is off .47 cents.


The 10 year yield is 2.70% and the dollar is weaker this morning. Maybe that will help.



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