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 |
| | | | | |