Gold Volatility Surges Higher on Upside Call Demand

Implied volatilities fell across asset classes last week in a week in a holiday-shortened week, with the notable exception of gold. GLD 1M implied vol jumped over 2 pts to 13.4% as gold prices surged to a new all-time high. GLD skew inverted further, with 1M 25-delta call now trading almost 3 vols over the 25-delta put. The extreme bullishness in gold, insofar as it reflects optimism over inflation and Fed policy, contrasts with what we're seeing in the rates market where expectations of Fed easing has remained largely stable over the past month (when the gold rally kicked off) and US 10Y real yield has been relatively unch'd.

Simple Strategies in Options Trading

*Disclosure: All information here are provided by Nasdaq, a company separate from and unaffiliated with Webull Financial, and do not reflect any official policy or position of Webull. These are not a recommendation or solicitation to buy or sell securities, or use any trading strategy or service.

Emotion Management in Stock Trading

You can end up with a losing trade when you let emotions control you. How can you avoid that? Read along to find out.

Looking for an unusual trading activity?

Relative volume can help you.

TrueShares Structured Outcome ETFs

The TrueShares Structured Outcome ETFs are designed to help market participants manage downside exposure and gain more potential upside participation. #CboeListed

The Post-Election Volatility Surface Realignment

Cross-asset volatilities which had had been elevated at 90+ percentile highs for the last month were crushed as the resolution of the US Presidential Elections and continued FOMC rate moderation catalyzed a cross-asset risk-on sentiment and normalized the implied volatilities of the major asset classes towards their historical average levels. Learn more in this week's Macro Volatility Digest.