Gold volume?

H

heech

Hi,

I asked a similar question about copper earlier... someone mentioned to me gold has the same behavior.

"Why" is gold volume primarily in certain months, and not the front month? If you look at COMEX data, Feb-10 open interest is 100x that of Jan-10.

What's behind this?
 
Quote from heech:
"Why" is gold volume primarily in certain months, and not the front month? If you look at COMEX data, Feb-10 open interest is 100x that of Jan-10. What's behind this?
More...
1) Commercial users prefer to trade the "established" months in the market. For gold, it's the "even" months, except for October. For copper, it's March, May, July, September and December.
2) "Serial" months tend to be avoided. It's the same thing with EuroDollars.
3) If something "super weird" were to happen, traders could pile-into a front-month serial contract. Until then, stay with the primary months. :cool:
 
Quote from nazzdack:

1) Commercial users prefer to trade the "established" months in the market. For gold, it's the "even" months, except for October. For copper, it's March, May, July, September and December.
2) "Serial" months tend to be avoided. It's the same thing with EuroDollars.
3) If something "super weird" were to happen, traders could pile-into a front-month serial contract. Until then, stay with the primary months. :cool:
More...
Hmm... are there spread-traders and/or MM's that keep the serial months largely in line with the "established" months? Or is it like the energies, and fluctuating quickly?

I'd like to trade the front month options and hedge with underlying future... but if the underlying future has no liquidity/fluctuates randomly, then that's a no-go.

Wish they'd just go the ags/soft route, and just have the "primary" futures and serial options.
 
Quote from heech:
-----Hmm... are there spread-traders and/or MM's that keep the serial months largely in line with the "established" months?
-----but if the underlying future has no liquidity/fluctuates randomly, then that's a no-go.
-----Wish they'd just go the ags/soft route, and just have the "primary" futures and serial options.
More...
1) Yes.
2) It's a "tough go".
3) Stick with the primary months. Ignore the serials/cereals. :cool:
 
when does jan10 future expire?

i was planning to buy jan10 GC call option but i could not found when is the expiry

looks very cheap Jan10 call and put options

thank you
 
Quote from gobar:
-----when is the expiry?
-----looks very cheap Jan10 call and put options
More...
1) cme.com
2) The "cheapness" may have to do with it possibly expiring on Monday. :cool:
 
FEB 10 OGG10 OPT
01/28/2009
01/26/2010
-
01/26/2010
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-
-
-
-
-
-
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APR 10 OGJ10 OPT
03/27/2009
03/25/2010
-
03/25/2010
-
-
-
-
-
-
-
-
JUN 10 OGM10 OPT
01/31/2006
05/25/2010
-
05/25/2010
-
-
-
-
-
-
-
-
AUG 10 OGQ10 OPT
07/29/2009
07/27/2010
-
07/27/2010
-
-
-
-
-
-
-
-
OCT 10 OGV10 OPT
09/25/2009
09/27/2010
-
09/27/2010
-
-
-
-
-
-
-
-
DEC 10 OGZ10 OPT
01/03/2006
11/23/2010
-
11/23/2010
-
-
-
????
 
gold volume goes to those months because that is how the commercial hedge guys run there books, not to be confused with wall street guys but guys that pull in out of the ground and hedge it. these markets were made for the produces to hedge themselves,that was why they were created
 
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