OTCPK:KATFF - Post by User
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Sogosohubidu201on Mar 19, 2019 4:59pm
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Biggest Trading in Copper Options Ever Signals SupplyTrouble
Biggest Trading in Copper Options Ever Signals SupplyTroublehttps://www.bloomberg.com/news/articles/2019-03-18/biggest-trading-in-copper-options-ever-signals-supply-troubles
The biggest trading volume in copper call options on record signals supply troubles brewing in the market.
A spread trade worth $6.5 million was posted just after 7 a.m. on Comex in New York in a bet that the price of the metal used in wires and pipes will surge past $3.05 in a few months, from Monday’s settlement price of $2.909.......