Centre county Pennsylvania, USA | FWIW, chart below shows recent 1 month (Aug 30 2016 through Sept 30 2016) performance for spec investments in corn futures and options. It shows that option investments outperformed futures investments by a 10:1 margin over this 1 month period.
Edit to clarify spec investment performance:
Buyers of call options and sellers of put options outperformed buyers and sellers of corn futures by more that 10:1 margin over that 1 month period. For spec investments, performance is defined as:
performance = 100(price change)/(investment at-risk money), percent
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CORN FUTURES and OPTIONS INVESTMENT POSITION STATUS
DATA SOURCE: BARCHART CORN FUTURES OPTIONS END-OF-DAY QUOTES
position start: CZ16_AUG30
position strike (ATM): 315.0
postion current: CZ16_SEP30
futures price start: 316.5 cents/bushel
futures price current: 336.75 cents/bushel
futures price change: 20.25 cents/bushel
futures price gain: 6.4 percent
call premium start: 15.0 cents/bushel
call premium current: 24.5 cents/bushel
call premium change: 9.5 cents/bushel
call premium gain: 63.3 percent
put premium start: 11.75 cents/bushel
put premium current: 2.75 cents/bushel
put premium change: -9.0 cents/bushel
put premium gain: -76.6 percent |
Corn futures and options spec investments
