Market Opportunities Report

Commodity Options Report January 14, 2020

No significant changes from our last report. Here is an update on directionality and volatility. Gold  Trend: Bullish from Summer 2019 breakout  Intermediate momentum: Bullish confluence with long term trend  Short term momentum: Pull back and consolidation provides a lower risk re-entry opportunity.  HV: The spike in realized volatility has subsided  IV: The backwardation of …

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Commodity Options Report January 8, 2020

For the past week, I’ve been traveling with my wife and three young children while watching the action in the markets with great interest and pleasure. In the past, my emotions would have been all over the place (along with P/L). We’ll call this the Equity-Emotional continuum. But now, with the use of multiple positions …

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Gold Consolidation and Low Volatility Continues

December 18, 2019 Gold has been in a gentle consolidation and slight pullback since September 4, 2019.  Historic volatility (the measure of daily standard deviation over the past month) is at the lowest level since May and implied volatility is near multi-year lows.  While some may look at this as an opportunity to buy options …

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