I can't believe the premium for July 11 is 2216 or $11,080 per contract, almost 3 times higher than the future's margin. I see 310 call($760 per contract) added today. This is crazy.
Is it really true the Chinese smoke cotton like marijuana? Something doesn't jibe. Who needs cotton other than for Q tips? Even my grandmother doesn't wear cotton pajamas anymore, lol.
Oh, well, my puts from 150 are rotting but I don't really care.