Gold Straddles – End of Day - for July 2,2009
| Contract | Strike | Straddle | Volatility |
| Aug-09 | 930.0 | 32.50 | 16.16 |
| Sep-09 | 935.0 | 55.00 | 18.95 |
| Oct-09 | 935.0 | 74.00 | 20.76 |
| Dec-09 | 935.0 | 105.00 | 22.69 |
| Feb-10 | 935.0 | 130.00 | 23.55 |
| Apr-10 | 935.0 | 155.00 | 24.99 |
Straddle values generated from closing markets
Metals – Market Recap – July 3,2009
Bloomberg (Reported 7.3.09):
“July 3 (Bloomberg) -- Gold, little changed in London today, may gain as rising unemployment in the U.S. increases concern the global recession will continue, boosting demand for the metal as an alternative investment.
A report yesterday showed U.S. employers cut more jobs than forecast in June and the jobless rate rose to the highest in almost 26 years. European and Asian equities declined today after the MCSI World Index of shares dropped the most in 10 days yesterday. “ Gold, Little Changed in London, May Advance on Haven Demand
Reuters (Reported 7.3.09):
“LONDON (Reuters) - Gold rose on Friday, steadying above $931 per ounce as the dollar lost ground versus the euro, with deeper concerns over the U.S. economic outlook also underpinning the metal.” Gold steady above $931; tracks dollar retreat vs euro
NS Futures (Reported 7.2.09):
“Those holding long positions should seek long put protection…” Full Report