OctaFX | OctaFX Forex Broker
Open trading account

Gold risk reversals flip for calls

Gold calls are claiming higher implied volatility premium than calls for the third straight day, indicating investors are adding bets to position for strength in the yellow metal. 

One-month risk reversals (XAU1MRR), the cost of swapping equally out-of-the-money puts and calls, flipped in favor of calls on Tuesday, as the metal rose more than 4 percent, extending Monday's 3.7% price gain. 

Risk reversals currently trade at 2.925 versus -4.5 on March 19. The surge represents a bearish-to-bullish trend change in the options market. At press time, gold is trading near $1,625 per ounce, representing a 0.23% drop on the day. 



Australian PM Morrison: To tighten enforcement on self-isolation for citizens returning from overseas

Australian PM Scott Morrison said on Friday that the government will tighten enforcement on self-isolation for citizens returning from overseas. Furth
Read more Previous

US Dollar Index Price Analysis: 50-day EMA, 50% Fibonacci check bears at 8-day low under 99.00

US Dollar Index (DXY) registers six-day losing streak, below 21-day EMA for the first time in two weeks. Buyers will watch for an upside break of 101.
Read more Next
Start livechat