Jun 16, 2021
Discussing the Gold-Oil ratio (again) – structure to target a return and potential overshoot of the long-term equilibrium level of 14:1. 16 June 2021 In my posts dated 9, 10, 15 June 2020 and most recently 8 March 2021, I stated the proposition that the gold-oil...
Mar 8, 2021
The Gold-Oil ratio updated. 25 April 2021 In my posts dated 9, 10 and 15 June 2020, I stated the proposition that the gold-oil ratio will revert to its 20-year average (see chart below – in particular note the March 2020 fiasco in oil markets that caused the...
Feb 24, 2021
Further-more on the relationship between gold and oil (the “Gold-Oil ratio”). 24 February 2021 In my posts dated 9, 10 and 15 June 2020, I stated the proposition that the gold-oil ratio will revert to its 20-year average (see chart below). Here is where...
Jan 29, 2021
Brent spot price as at January 29, 2021 = 55.10 (WTI = 52.10) Left leg…All matching! OIL POST NUMBER 10 – – – Strategy Initiated on 23 June 2020 (using ICE Brent Options): 1. Sell 1x October 30 Put (expiry: 25 August 2020; futures price...
Jul 31, 2020
UPDATE on Option Structure initiated on 23 June 2020 – sell 1x 30 Oct Put & buy 1x 68 Feb Call (initiated for ZERO net premium; positive net theta = 0.23; positive net vega = 5.71) 31 July 2020 Summertime, Summertime…..Digging It! OIL POST NUMBER 9...
