Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Silver Futures Options #4/Lee/Trades

Hi Trades,

Wrote back quick before you go away !!!

I am speaking of the Feb options for the SIH11 futures contract that expires either tomorrow or day after.

My posted range for max damage came from the Feb. option open interest. That gave rise to the 27.5 to 28 range. SIH11 would have to close in that range tomorrow, or Thurs. to do the max damage to the option holders as I viewed the numbers.

That is all I was suggesting and thought it would be interesting to pay attention to given your earlier "max. damage" comment a number of days ago.

So, for "max damage" SIH11 has to rise a bit to get above 27.5 and less than 28 at expiration, whenever that occurs, tomorrow or Thurs.

That is what I was referring to.

The table I posted was for the March11 options expiring in about 28 days. Separate discussion and I think I confused things. The Puts I have are for March.

The Feb. discussion was only an observation on your "Max Damage" comment.

Thanks, Lee

Messages In This Thread

Re: Silver Futures Options #4/Lee/Trades