ACE Gold - Apr 05, 2021

Below is an illustration trading futures options on Gold.  Our post shows bullish and bearish positions using a combination of call and put options.


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Trade Options on Futures

Gold * Directional & Neutral Positions

Get your copy of Paul Forchione's book, "Credit Spreads".  Learn techniques from a professional options trader to manage risk while speculating on futures markets.

Credit Spreads Vol Skew and more small

 

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Gold


 

Term Structure

gc term


Volatility

gc optv

gc vol


Notes:

Contract Size - 100 ounces.

Tick Size:  Outright: dollars and cents with 0.10 points=$10

Trading Hours: CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (CST).

* Tip: Click here to read a helpful tip about Gold futures and options


Gold

gc weekly

gc daily

gc prices


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Latest, Biggest, Busiest

Below is a snapshot with what's going on in the world of options with the most actively traded spreads.

Here's an illustration of a ratio spread May21 1675/1600 Put spread shown in the 2nd column above as a popular spread.

gc shift

Enlarge by right clicking mouse over each image and select 'open in a new tab'

gc 1675 1600 put

gc 1675 1600 put target

* Tip: Click here on enlarging images


Strategies

Here are some alternative strategies to above.

The % yield shown in the diagrams below represent an estimated return on margin from projected dates shown below. The structure has positive time decay which is an advantage over holding outright options.

Vertical Swap Calls

Position earns is the market moves directionally bearish. It has positive time decay.

gc call swap

gc call swap target

Vertical Swap Puts

Position earns is the market moves directionally bullish. It has positive time decay with additional profitability from an increase in implied volatility.

gc put swap


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