Shorting Palladium

light volume and open interest on PA future options but you may be able to use futures with options strategy to hedge some of the risk. Be happy to help:
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The monthly chart looks like a huge sell.

I traded PA in 2003, don't think I never made any money on it. I was attracted by the huge turn-of-the century bull then bear moves. They were small compared to today. Wasn't trading in 2009, so sadly missed that big trend.
 
heavenskrow said:
What is the maintenance margin for PA at your firm?
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Maintenance margin is set by the exchange and it's currently $12,100. Day trading margin, which is established by the broker, is $2,250 at AMP futures. I believe (??) Cannon Trading clears their trades with AMP clearing, so their margin should be close, if not identical.
 
2FT said:
The monthly chart looks like a huge sell.

I traded PA in 2003, don't think I never made any money on it. I was attracted by the huge turn-of-the century bull then bear moves. They were small compared to today. Wasn't trading in 2009, so sadly missed that big trend.
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huh? monthly chart still show uptrend.
definitely for day trading, there might be opportunity to short PA
 
Just at a glance, the Dec bar is an unhealthy bar for an uptrend. And looking at daily, I'd already be short from around 1900.

But I'm not, so whatever, talk is cheap.
 
According to several news articles I've read over the past year, thieves are cutting catalytic converters off of cars and selling them for the few grams of PAL they contain. That's one way of taking a position in the physical.
 
Be careful, because every meltdown has vicious rallies. IIRC Bitcoin went from 20K to 12K then back to 16K or so. Well, this morning Palladium is nicely up 50 points.
 
heavenskrow said:
What is the maintenance margin for PA at your firm?
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Currently initial is $13475
Maint. margin is $12250
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