Can anyone explain the high percentage of short interest on BOT? It seems like each of the last few trading sessions, there's been some short covering on the open...but the stock has rolled over, considerably, each afternoon.
FIA website: The CME might be looking to take the london stock Exchange under its wing..... http://www.futuresindustry.org/
Possibly members hedging against a drop in prices. Members cannot sell their stock prior to the designated dates and they can only sell in 3rds. Most of the stock is owned by members, so that could explain it.
CME is making quite a run today. I'm starting to get a little nervous on my short apr 470call in my IC :eek:
I've been waiting to hear whether or not CME's gonna start offering crude/energy fut's when the no-compete clause expires. I thought I heard something on CNBC that it would today, but I was busy. I checked the website and there wasn't anything, I thought maybe this could be behind the runup in price. Anybody know about this? Geez I hope they offer crude.
Your short apr 470 call position should be picking up steam in your favor by now. Question: why did you go so far out of the money?