19.09.2016, 19:08
SGX Iron Ore Weekly Options Report
OREANDA-NEWS. Singapore Exchenge Iron Ore Weekly Options Report (12-16 Sep 2016).
The put-call open interest ratio (for Oct-2016 to Dec-2016 expiry) increased 0.05 points w-o-w to 1.18. The price for the most active futures month (i.e. Oct-2016) of the underlying SGX Iron Ore (62% Fe Fines) contract fell 3% to US$53.36/MT.
The put-call open interest ratio (for Oct-2016 to Dec-2016 expiry) increased 0.05 points w-o-w to 1.18. The price for the most active futures month (i.e. Oct-2016) of the underlying SGX Iron Ore (62% Fe Fines) contract fell 3% to US$53.36/MT.
- SGX iron ore options volume for the week totaled 38,920 lots – up 24.2% w-o-w (3.9 mil mt – up 21.4% w-o-w). Compared to last month, MTD trading activity have noticeably moved to lower strike levels with puts accounting for 68% of total volumes, up from 42%.
- Meanwhile, open interest closed the week at 807,231 lots – up 2.9% w-o-w (94.4 mil mt – up 2.5% w-o-w). More than 90% of the growth in open interest is due to puts. In particular, puts at $45, $40, and $50 strikes accounted for 84% of the w-o-w change.
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