No, option values are based on intrinsic value and time value. The more the option is in the money, the greater the intrinsic value. Time value is hard to price, but is generally greater when there is more time remaining on your contracts.Cool, so if the option gains $0.41 does that mean AG went to $7.41, or not really?
I guess it’s like futures traders, they don’t want the metal just to make money on the trade. Thank you for the explanation.![[thumbsup]](/xen/styles/default/xenforo/smilies.vb/044.gif "Thumbs Up [thumbsup]")
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Gold and silver prices are down
- Thread starter Rider
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You can place a limit order on your option. If it hits that bid/ask (depending on what you're doing) price, your order should fill Of course, you may get a partial fill, if it's a large order. If I wanted to buy those calls at 50¢ (post #8575), I could use a limit order, but it may not fill today.
It looks as though we would have been filled at 50¢, had we placed a limit order, as that's the current ask. Again, most MMs are only obligated to fill one contract, all if available or if you designate AON, etc.
Good luck.
Characteristics and Risks of Standardized Options
www.theocc.com
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Win
NES Member
My platinum has made a nice little run but I’m not sure why it’s perked up. Anyone here anything?
Maybe a stupid question, but here goes: If you were to sell this back to JM Bullion, or anyone else, would they give you spot times the 0.2354 weight? Or, would they give you spot times 0.2158 (which is 0.2354 times the purity of 0.9167)?
richc
NES Member
HappyHarry
NES Member
The coins weigh about 8 grams total at .916 (22k) purity, which gives an actual fine gold weight of .2354 troy ounces.
richc
NES Member
Varmint
NES Member
I don’t think they calculate it that way, they probably just adjust the premium per coin up and down. Spot is just a useful reference for you since it has no numismatic value.
Varmint
NES Member
Varmint
NES Member
Gold closes the month at $1999.40, no shenanigans there. ![[laugh]](/xen/styles/default/xenforo/smilies.vb/012.gif "Laugh [laugh]")
The longer we hang around $2000 without failing and returning to $1900, the more $2000 becomes a new floor.
The longer we hang around $2000 without failing and returning to $1900, the more $2000 becomes a new floor.
Varmint
NES Member
Nice monthly close on silver at $25.33.
Varmint
NES Member
Ok which one of you clowns did this?
Varmint
NES Member
There’s something you don’t see every day.
413guy
NES Member
I was curious what silver monster boxes were priced at these days. 6k difference between maples and eagles. Nuts. 16.7k and 22.7k respectively as of writing. That was on APMEX so albeit sometimes a bit higher than others, but damn.
I’ll consider myself lucky that I don’t have much wealth to protect, I guess?!?!
HappyHarry
NES Member
Current buy price from a large national dealer:
Attachments
richc
NES Member
Varmint
NES Member
Sale price, or price they're offering for your silver?
HappyHarry
NES Member
Price they're offering
HappyHarry
NES Member
I guess just simple supply and demand. Lots of people are willing to pay crazy premiums for silver eagles. There are much cheaper ways to buy for just the silver value. Also, these are heavily marketed, especially on TV, to people who just don't know any better.
If I recall correctly, all silver to be used in eagle production has to come from US suppliers, be mined and processed here and the rounds are then sold to the mint. If the mint could buy rounds from Canada then the price would reflect the Canadian price more closely.
Here’s hoping.
Varmint
NES Member
Says gold day high was $2085 after hours.
Oh yup, thanks DJB
Oh yup, thanks DJB
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