TheHappyHawaiian
TheHappyHawaiian OP t1_j29cfb6 wrote
Reply to comment by That-Whereas3367 in Platinum could potentially squeeze. More open interest currently for January than inventory available at NYMEX by TheHappyHawaiian
Have you actually looked at the numbers for January?
Most roll over yes, January OI peaked at over 3 million ounces, but 141k worth of longs are taking delivery this month
So what you’re saying is usually true, but now, for January Platinum, it is not
TheHappyHawaiian OP t1_j27w5f6 wrote
Reply to comment by DeltaHedgeDN in Platinum could potentially squeeze. More open interest currently for January than inventory available at NYMEX by TheHappyHawaiian
You can!
TheHappyHawaiian OP t1_j2b53kq wrote
Reply to comment by RenVP in Platinum could potentially squeeze. More open interest currently for January than inventory available at NYMEX by TheHappyHawaiian
Well delivery has to come through NYMEX, so those inventories are worth watching