China’s traditional play in beans has been to sell close to the money puts to help finance their insatiable cash demand for beans. Today we saw MF Global sell 2,100 sh 1140p, buying 700 sh 14-18 call spreads putting 60-cents in the bank. If this is a new method by China, the bean market all of a sudden looks extremely bullish. This play states that China feels beans should advance well over $14.00 by the end of Feb. I believe this is a very bullish situation that needs to be noted.