May Comex Option Expiration Day

Tue, Apr 27, 2021 - 10:50am

While we await Chief Goon Powell, his Fedlines and his presser tomorrow, today brings option expiration day for the May Comex contracts. As we discussed yesterday, there's a curiously low number of May silver options still open so it's really a non-event for CDS. Comex Digital Gold, however, is a different story.

And you can definitely see this on the short-term chart. CDS has been allowed to trade higher thus far this week...though, of course, not as much as EVERY OTHER METAL AND COMMODITY. But it's the May21 CDG options that are the issue. This is odd because May is NOT a "...

About the Author

tfmetalsreport [at] gmail [dot] com ()

62 Comments on May Comex Option Expiration Day

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault


Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 5/3

5/3 9:45 ET Markit manu PMI
5/3 10:00 ET ISM manu PMI
5/3 10:00 ET Construction Spending
5/3 2:20 ET Chief Goon Powell
5/4 8:30 ET US Trade Deficit
5/4 8:30 ET Factory Orders
5/4 1:00 ET Goons Daly and Kashnkari
5/5 8:15 ET ADP jobs report
5/5 9:45 ET Markit service PMI
5/5 10:00 ET ISM service PMI
5/5 12:00 ET Goon Mester
5/6 8:30 ET Productivity and Labor Costs
5/6 10:00 ET Goon Kaplan
5/7 8:30 ET BLSBS

Recent Comments