CME Volatility Index EXPLODES 60% Overnight
The market is suddenly expecting wild/ MASSIVE swings in silver prices soon.
Silver’s CME CVOL number is typically in the teens-40s.
Levels above 100 are rare & extreme - indicating traders in the silver options market are pricing in very high uncertainty, HUGE potential price swings, or significant event risk in silver over the coming month.
To put this volatility number in perspective, it is now 10 points higher than it was when silver hit $120/oz!!
Is silver about to CRASH back to $54, or are we about to witness a HISTORIC short squeeze into March COMEX deliveries??
The market is suddenly expecting wild/ MASSIVE swings in silver prices soon.
Silver’s CME CVOL number is typically in the teens-40s.
Levels above 100 are rare & extreme - indicating traders in the silver options market are pricing in very high uncertainty, HUGE potential price swings, or significant event risk in silver over the coming month.
To put this volatility number in perspective, it is now 10 points higher than it was when silver hit $120/oz!!
Is silver about to CRASH back to $54, or are we about to witness a HISTORIC short squeeze into March COMEX deliveries??
