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 |