*GOLD...The desk started to see clients re-engage in GLD with ~440k calls trading, the most since March. We saw a cust sell 75,000 Oct 180 190 call spread to buy 75,000 Nov 185 195 call spread and sell 37,000 Nov 175 puts. We like owning calls outright with 1-3m implied vol trading near 4y lows. (h/t Cullen Morgan). Please reach out for more details.
Goldman sees bullish option activity return
Post FOMC: Government moves today sound alarm bells here
Some Strike Data Points:
Charts by : Semper Vigilantes