MyDVICE

- WRITINGS, THOUGHTS, VIEWS & IMAGES by NEV R. AGN -
Metals #4 – Energy #6

Metals #4 – Energy #6

More on the relationship between gold and oil (the “Gold-Oil ratio”). 15 June 2020 Further to reading up on statistical research concerning the long-term equilibrium relationship between gold and oil (the research for the most part used cointegration...
Metals #3 – Energy #5

Metals #3 – Energy #5

There are at least 4 studies testing the cointegration or long-term equilibrium of the correlation between gold and oil.   10 June 2020 In my previous post I posit the following regarding the gold:oil ratio: Assuming mean reversion (to 17:1 ratio) and a price of...
Metals #2 – Energy #4

Metals #2 – Energy #4

That crazy gold-oil ratio!  A signal of the next oil bull run?  There is no guarantee of mean-reversion…so proceed with caution. 9 June 2020 Consider the charts further below – the Gold-Oil ratio up until March 2015.  Currently the ratio stands at just...
Oil Post No. 3 (b)

Oil Post No. 3 (b)

Update on Option Structure initiated on 2 June 2020 6 June 2020 OIL POST NUMBER 3(B) – – –  UPDATE ON:  Strategy (using ICE Brent Options): 1. Sell 1x September 30 Put (expiry:  28 July 2020); and 2. Buy 1x December 55 Call (expiry: 27 October 2020),...
Oil Post No. 3 (a)

Oil Post No. 3 (a)

THE “GAP” HAS STARTED ITS FIRST CLOSING ATTEMPT! Update on Option Structure initiated on 2 June 2020 5 June 2020 OIL POST NUMBER 3(A) – – –  UPDATE ON:  Strategy (using ICE Brent Options): 1. Sell 1x September 30 Put (expiry:  28 July...
Oil Post No. 2

Oil Post No. 2

Take Advantage of the implied volatility skew. 2 June 2020 OIL POST NUMBER TWO – – –  Strategy (using ICE Brent Options): 1. Sell 1x September 30 Put (expiry:  28 July 2020); and 2. Buy 1x December 55 Call (expiry: 27 October 2020), Net premium =...