Shorting Palladium

heavenskrow · Dec 21, 2019

Is there any other way to short Palladium other than futures?
It doesn't seem I can buy put options on PALL ETF?

If not, what brokerage has the lowest initial/maintenance margin to trade palladium futures?

maxinger · Dec 21, 2019

Palladium futures volume is rather low.
not sure about etf or options on Pal but if there is, its volume will most likely be low.

Pal Futures margin requirement is very huge at $13k.

There are other better things to trade actually.

Handle123 · Dec 22, 2019

As trending Palladium seems to be, no options in it, nor PALDF, stand aside.

_eug_ · Dec 22, 2019

Ive been watching PA as well. I think it will wash out at some point like silver / gold in 2011. At this point the chart is starting to look like BTC 2017.

Saltynuts · Dec 22, 2019

Just looking at this chart here, hope it shows up:

https://www.google.com/search?q=pal.....69i57j0l7.1696j0j7&sourceid=chrome&ie=UTF-8

That ETF at least seems to trend up for a long period, then drop a good bit real fast, then trend up for a long period again, repeat. It looked like it just had another good drop. Why not think it is just as likely to start a long trending process up again? Thanks!

_eug_ · Dec 22, 2019

Is there an inverse etf on PA?

MichalTr · Dec 22, 2019

heavenskrow said:
Is there any other way to short Palladium other than futures?
It doesn't seem I can buy put options on PALL ETF?

If not, what brokerage has the lowest initial/maintenance margin to trade palladium futures?

If you are in country that allows that, you can always use CFD and make bet against some bookie.

And answering your question - for futures the margin will be around 12-13 K. and the difference between FCMs will be not so big (considering the size of margin).

Pekelo · Dec 22, 2019

maxinger said:
There are other better things to trade actually.

Maybe so, but palladium was what's sell off I predicted. The option chain is not really traded either.

Pekelo · Dec 22, 2019

_eug_ said:
At this point the chart is starting to look like BTC 2017.

Correct. I posted exactly this a week ago, BEFORE the top was in. Since then it dropped 9% in the time frame I had given...

Pekelo said:
Then I looked at what else was everyone trading and Palladium has been on fire. It is actually going vertical (think of Bitcoin in 2017 December) and I think it will top and sell back in the next 2 days.

guru · Dec 22, 2019

There may be some European perpetual puts that can be traded like ETFs at Interactive Brokers.
I've traded some of them in the past but not on palladium, and currently do not have market data subscription for those, so don't know if that's it and how the volume may look like.