Yeah because gold's in contango for the most part, options on calendar spreads aren't as useful for hedging. For me to put on the position I want synthetically costs too much.
I wasn't actually referring to direct options on gold futures. I was referring to options on calendar spreads that are set up with futures. Essentially, I want to be betting on the price spread between near month and further month contracts with options. For example, say the calendar spread...
I know options on calendar spreads are offered for crude oil, but from my searches I haven't found anything for gold. I just want to confirm for sure that no such product exists. Thanks.
Hey guys,
I'm a math and finance double major, and will be a junior in college next year. I'm interested in working on a trading desk and will be looking for an internship at an investment bank next spring. I'm very interested in options, and currently currency appeals to me, and perhaps...
You could even ignore supply and demand and think about the most logical fundamentals. Oil was what, 30-40 a barrel before war? Let's see, Bush didn't raise taxes for the war, the fed cuts rates like there's no tomorrow (until recently), credit crisis, fed injects billions in liquidity to bail...