Dec 12, 2023
METALS #16(a) – Taking Stock of the Pt-Pd-Au relationship move since my first post on this back in 2020 (8th June – Metals Post #1 (https://mantaoilco.com/metals-post-no-1/)) 11th December 2023 SUMMARY It has been a while since my last post (nearly two...
Jan 16, 2022
PROFIT TARGET SURPASSED! 16 January 2022 Time to take profit on our open options positions (3 legs) Our open positions are the following: 1. Short a March 2022 WTI 60 Put (shorted at a price of 5.86). Current price to buy back = 0.19. 2. Long a November 2022...
Dec 1, 2021
FINALLY IT HAS LANDED! 1 December 2021 Palladium is no longer the darling of the precious metals complex. Always found PD to be overvalued versus both Gold and Platinum. Check out the spread charts below (Pd-Au and Pd-Pt). Perhaps the allure of Tesla is...
Dec 1, 2021
BACK ON THE HORSE! 1 December 2021 The last 3 trading days has created (once again) the same opportunity in options as that of last March/April 2020. The last proposed structure initiated on 16 June 2021, that is, sell a 56 WTI November 2021 Put to buy a 90 WTI...
Nov 1, 2021
Wondering for an update: price as of 29 October 2021 (on structure proposed on 16 June 2021). 01 November 2021 The following option structure was proposed to take advantage of an overshoot of the gold:oil ratio to 12:1 (assuming gold maxes out at $1900 over this...
