Today is option expiration date for May07 contract, so its time to make some money for Jun07 contract.
Today Lead is trading at $2025/$2037. Inventory has been rising lately, so this should put a cap on the lead price. I perceived that lead price will not hit $2300 by 6th June 07.
Sell 2 lots of Lead call options @ strike $2300
Premium is USD14 x 25 x 2= USD700
Margin required: USD4500 x 2 = USD9000
Yield: 7.8% in 1 month's time