31.12.2010 - COMEX options position suggests gold could be at $1,500 or higher by April
From Mineweb.co.za: The trading volume on COMEX may have been dwindling towards the end of the year, but the open interest structured in the major options series points to more volatility and the risk, on this basis at least, is very much to the upside. The open charts here show the overall interest in the February and April call options series on COMEX as of the close of business on 28th December, and the same exposure, but adjusted by the delta, as of the close of business on the same day..............................................Full Article: Source
Print