EXPERT VIEW: Traded option volatility spike short-lived for copper as August strike expiry nears

The recent uptick in traded option volatilities in the London Metal Exchange copper market has faded as the month-end draws near, while what is likely to be an unexciting August expiry this Wednesday looks like setting a marker for the rest of the summer.

Front-month at-the-money (ATM) copper volatility has dipped back to just under 20%, having climbed above 26% on August 19 - the best since early-December 2016, having started July around 17%...

Published

Martin Hayes

August 01, 2018

10:43 GMT

London