Metals – Market Recap Options Activity – Sep 14,2009

Reuters (Reported 9.14.09):
“TOKYO, Sept 14 (Reuters) - Gold prices erased earlier gains and fell on Monday, as the dollar rebounded on short-covering and dragged down other commodities and equities.
Gold prices topped $1,000 per ounce last week and closed above that level on Friday for the first time since March 2008, as investors sold the dollar to buy higher-yielding and riskier assets on growing optimism about the outlook for the global economy.” RPT-PRECIOUS-Gold falls as dollar rebounds, hovers above $1,000


Bloomberg (Reported 9.14.09):
“Sept. 14 (Bloomberg) -- Gold declined as gains by the dollar and falling oil prices sapped demand for the precious metal as an alternative investment.

Bullion, which typically moves inversely to the dollar, snapped a two-day advance as crude oil dropped to a one- week low and Asian stocks fell. The Dollar Index, a six- currency gauge of the U.S. currency’s value, rose 0.4 percent after six days of declines.” Gold Falls, Ending 2-Day Advance, as Dollar’s Gain Saps Demand


Gold Options Activity – Highlights – As Of Sep 11,2009

Contr. Strike Instr. Volume Comment
V09 950 P 180 settles 2.7
         
V09 980 P 350 settles 8.2
         
V09 1100 C 530 settles 20.5
         
V09 1050 C 1770 settles 5.1
         
Z09 1000 P 1500 settles 48.5
         
Z09 1100 C 750 settles 18.7
         
Z09 1200 C 2650 settles 7.6
         
Z10 1750 C 500 settles 30.5

 

Silver Options Activity – Highlights – As Of Sep 11,2009

Contract Strike Instr. Volume Comment
V09 1600 P 590 settles 23.4
         
X09 1550 P 320 settles 44.2
         
Z09 1500 P 120 settles 48.4
         
Z09 1700 C 210 settles 104.5
         
Z09 2300 C 500  
Z09 2600 C 500 sprd settles 7.2
         
H10 2000 C 200  
H10 2500 C 200 sprd settles 51.8