Oct 20, 2017 03:47 PM
A glance at the weekly change table below shows a lot of red numbers, and not by just fractions of a percent. The notable exceptions (soy oil, hogs, oats) had good fundamental stories for the week. For the rest, the main theme for most of the week was a lack of price volatility. Options traders in particular were complaining that there was no vol to sell, and buying cheap options doesn’t work if there are no signs of life in the underlying.