Using Options to Play Gold

Featuring Michael Purves

Is it gold’s time to shine? Michael Purves, chief global strategist at Weeden & Co. reviews the recent price action and answers this question. He highlights the key fundamental drivers, discusses upcoming catalysts and suggests what trade to make, in this interview with Justine Underhill. Filmed on October 17, 2018.

Published on
22 October, 2018
Topic
Geopolitics, Bitcoin, Macro
Duration
16 minutes
Asset class
Commodities
Rating
30

Comments

  • AT

    Alison T.

    31 10 2018 17:47

    1       0

    How many terrible calls can one guy make?

  • JO

    John O.

    31 10 2018 06:19

    0       0

    Well, that was a total disaster. I haven't lost any money, but my attention to this dea has taught me that when equities go down and gold goes nowhere, gold miners go down even harder. Also, unless there is some specific event/announcement coming, 60 days-to-expiry is too near-dated for long options. Vague assertions about dollar topping (it isn't) aren't an event.

  • PS

    Poyan S.

    25 10 2018 02:33

    3       1

    why not sell puts?