Metals – Market Recap Options Activity – Aug 20,2009

Reuters (Reported 8.20.09):
“TOKYO, Aug 20 (Reuters) - Gold edged higher above $940 an ounce on Thursday, underpinned by light physical buying as investors eyed the currency market for clues on the precious metal's direction.
Doubts about a nascent global economic recovery had recently prompted investors to sell riskier assets and pile into safe-haven bets including the dollar and U.S. Treasuries.” PRECIOUS-Gold edges up above $940, eyes on dollar

Bloomberg (Reported 8.20.09):
“Aug. 20 (Bloomberg) -- Gold advanced for a third day after Asian stocks rose ahead of the release of data that is expected to point to a recovery in global economies.

Bullion extended gains, taking this year’s advance to 6.9 percent, as global equities rose, increasing demand for physical assets. Reports today will probably show leading U.S. economic indicators improved for a fourth month and Taiwan’s economic contraction slowed in the second quarter, according to economists surveyed by Bloomberg.” Gold Advances a Third Day as Recovery Supports Asian Stocks


Gold Options Activity – Highlights – As Of Aug 19,2009

Contr. Strike Instr. Volume Comment
U09 925 P 770 settles 3.1
         
U09 950 C 1050 settles 6.7
         
V09 900 P 1600 settles 5.7
         
Z09 750 P 560 settles 1.6
         
Z09 945 C 460  
Z09 945 P 460 str settles 86.2
         
M10 1300 C 1900  
M10 1800 C 3800 1x2 settles 8.8 for the 1
         
Z10 1500 C 1140 settles 27.8

 

Silver Options Activity – Highlights – As Of Aug 19,2009

Contract Strike Instr. Volume Comment
U09 1350 P 250 settles 13.4
         
U09 1400 C 930 settles 22.0
         
V09 1400 C 560 settles 56.7
         
Z09 1000 P 220 settles 5.7
         
Z09 1375 C 55  
Z09 1375 P 55 str settles 204.4
         
K10 1600 C 85  
K10 1650 C 85 sprd settles 11.1