Coffee traders should sell “grossly overpriced” options on New York futures to take advantage of a recent rally, said James Cordier , a portfolio manager at OptionSellers.com in Tampa, Florida.
Gold volatility slumped to a 44- month low before the Federal Reserve concludes a two-day policy meeting.
Arabica-coffee futures fell the most in seven weeks as speculators and producers stepped up sales. Cocoa also declined.
After two months of treading water, gold prices are starting to sink.
"Europe's woes are bringing in some investors to gold."
- James Cordier on Jan 06, 2015