12.51Open12.51Pre Close0 Volume7 Open Interest50.00Strike Price0.00Turnover80.81%IV5.33%PremiumSep 20, 2024Expiry Date10.40Intrinsic Value100Multiplier19DDays to Expiry2.11Extrinsic Value100Contract SizeAmericanOptions Type-0.8833Delta0.0289Gamma3.70Leverage Ratio-0.0330Theta-0.0159Rho-3.27Eff Leverage0.0175Vega
cheerfulknight : Hi, is commodities heading up after rate cuts? With the full unwinding of JPY in the near term and coupled with interest rate cuts, USD will depreciate and stock market would drop too?
iamiam OP cheerfulknight : when the markets drop, everything drops. commodities recover faster and stronger. there is a new round of price discovery coming. for the first time in nearly 50 years, everything will be adjusted.![thinking_face 🤔](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f914.png)
![grin 😁](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f601.png)
do I think everything will drop initially in the new price discovery? yes.
do I know when the new price discovery will take place? no, although I can guess September at the BRICS meeting.
I just know I want to hold commodities because they trade 1:1, nvidia, for example, trades at 40 times profit to earnings. which one gets sold first during price discovery