Gold put option quotes
Buy gold options to attain a position in gold for less capital than buying physical gold or gold puf. Believe the gold put option quotes of gold will rise. Buy a gold call option. A call option gives the right, but not the obligation, to buy gold at a specific optoin for a certain amount of time (expiry). The price you can buy gold at is called the strike price.
Gold Option ExchangesGold option contracts are available for trading at New York Mercantile Exchange (NYMEX) and Tokyo Commodity Exchange (TOCOM).NYMEX Gold option prices are quoted in dollars and cents per ounce and their underlying futures are traded in lots of 100 troy ounces of gold.TOCOM Gold options are traded in contract optioj of 1000 grams (32.15 troy ounces) and their prices are quoted in yen per gram. Example: Long Gold Put OptionYou observed that the near-month TOCOM Gold futures contract is trading at the price of JPY 2,518 per gram.
At this price, your put option is now in the money. pug Gain from Put Option ExerciseBy exercising your put option now, you get to assume a short position in the underlying gold futures at the strike price of JPY 2,500. Stocks: 15 minute delay (Bats is real-time), ET.