Sentiment: Option Traders Take Bearish Bets on Silver and Copper
Negative option flows were found for two metals at the same time: silver and copper.
Portfolios that want prices to fall appeared at the same time as the market is growing, which is interesting.
https://www.tradingview.com/x/SZKshJrT/
The positions are quite large, but they cannot be called "Insider positions", so we will be careful with forecasts.
Of course, we need chart confirmation that agrees with the sentiment in options. Option traders like to flip trends too, so we need more signals.
If you're long right now, though, that's something to consider. Like I said, option trades in Silver and Copper are significant.
Portfolios that want prices to fall appeared at the same time as the market is growing, which is interesting.
https://www.tradingview.com/x/SZKshJrT/
The positions are quite large, but they cannot be called "Insider positions", so we will be careful with forecasts.
Of course, we need chart confirmation that agrees with the sentiment in options. Option traders like to flip trends too, so we need more signals.
If you're long right now, though, that's something to consider. Like I said, option trades in Silver and Copper are significant.
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