$SLV 20270115 55.0 CALL$ Since 9 Feb, Comex silver vault has lost over 12.6M oz of silver and it has dropped from 101.3M oz to 88.7M oz (as at 18 Feb). The current registered to delivery silver is 3.21 and the first notice for the physical delivery in Mar is on 27 Feb. Paper speculators typically roll their contracts or close out before that. I expect high volatility in the week starting 23 Feb when Shanghai Gold exchange reopen after the CNY holidays.
$SLV 20270115 55.5 CALL$ Bought this call as Shanghai Gold exchange closed today at around USD 81/oz (6.5%) higher than current comex price. In addition, 5Moz of silver was drained from Comex vaults on Wednesday 11 Feb bringing their registered stock to about 93Moz compared to the 350Moz of delivery order for Mar 2026. I believe silver will surge after CNY holidays
$SLV 20260220 84.5 CALL$ Comex registered silver inventory has dropped below 100Moz on 10 Feb with over 3M oz leaving it's vault on 1 day. Their open contracts accounts for 340Moz so the ratio is about 3.5. Without the Chinese market to act as a counterweight, I think silver price will be pushed down aggressively to flush out investors without deep pockets. After CNY holidays, I expect silver to rebound strongly as the physical supply is very tight.
$INDA 20280121 48.0 CALL$ Buying long term call for INDA @74% delta for monthly income generation. Another reason is the recent EU India FTA should bring long term growth for India