buying call optons contract - betting Gold price to go up before the options expiry.
ozone2002 ( Date: 22-Mar-2026 10:05) Posted:
Comex December gold option open interest by strike
 
an investor or group of investors started buying December $15,000/$20,000 call spreads on the CME Group&rsquo s Comex exchange. Even after prices consolidated, the position has continued to build, to around 11,000 contracts.
Comex December gold option open interest by strike
 
an investor or group of investors started buying December $15,000/$20,000 call spreads on the CME Group&rsquo s Comex exchange. Even after prices consolidated, the position has continued to build, to around 11,000 contracts.
Last:431.8        -0.7
gold is exhibiting the same playbook as 2008 Lehman crisis where there was massive fund raising through sale of stock etc and into Gold, which went up after correcting
With recent SingTel and DBS outage, it will be handy if you have physical gold in hand rather than digital/paper assets
 
 
Uranium is very compelling: 1) massive global pipeline of nuclear reactor construction creating demand far in excess of supply, 2) supply of uranium not price elastic in the short and medium term, 3) uranium is a very small cost in the supply of nuclear electricty (almost all in the capital cost) so the demand for uranium is not price elastic.