There's a storm brewing for gold — look at the options skew

With no clear direction currently presenting itself in the gold market, at-the-money options volatility has as a consequence been drifting lower. The tailend risk, however, still remains with the cost of calls and especially puts remaining elevated. We take a look at reasons behind this and at the most traded options during the past week

from Ole Hansen - Authored content http://ift.tt/1JRT9RV