Another Option Expiration Day

A busy week begins with another Comex option expiration day. The front month Jul22 silver options will price at the Comex close today but so will some gold options, too. Does this explain some of the price action seen so far today?

I guess we'll start there. Recall that last Tuesday, we took a look at the open interest in the Jul22 silver options and were surprised to find it so small. I recall saying something like "certainly above $21 but below $22" as it was wide open with only a large amount of puts at $21 and calls at $22. So with that in mind, seeing CDS be allowed to storm...

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

30 Comments on Another Option Expiration Day

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 8/15

8/15 8:30 ET Empire Fed Manu Idx
8/15 10:50 ET Goon Waller
8/16 8:30 ET Housing Starts
8/16 9:15 ET Cap Ute and Ind Prod
8/17 8:30 ET Retail Sales
8/17 9:30 ET Goon Bowman
8/17 2:00 ET July FOMC minutes
8/18 8:30 ET Philly Fed Manu Idx
8/18 10:00 ET LEIII
8/18 1:20 ET Goon George
8/18 1:45 ET Goon Kashnkari
8/19 9:00 ET Goon Barkin

Forum Discussion

by Solsson, Aug 10, 2022 - 8:05am
by Abraham Bernanke, Aug 7, 2022 - 8:15am
by SteveW, Aug 6, 2022 - 2:13pm
by DeGraives, Aug 6, 2022 - 1:45pm
by vernon, Jul 29, 2022 - 8:22pm
randomness