Volume was up, but not crazy… Calls trade more than puts… Open Interest net up in both outs and calls but some strikes were liquidated… Front month vol up sharply, +8 to 50%, but only has 7 days to go… Second month vol up 1 to 48%… From the CME:
Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.
Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.
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