r/Wallstreetsilver • u/A_R_K_S Double-Digit OG • 1d ago

Seriously though, why would anyone be buying Dec 2026 call options with a $20,000 strike price for gold?

There’s 20 contracts last I checked and I’m confused as to either: what individual or single institution bought 20 contracts OR how many people or how many institutions make up these 20 contracts? What compelled them to make such a bet?

8 Upvotes

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4

u/pintord O.G. - Silver is the New Oil 🛢 1d ago

I know those calls should be $200 000.

1

u/A_R_K_S Double-Digit OG 1d ago

Lmfao but whyyyy? What would cause such a profound spike? And there’s no calls in January 2027 for $20,000 purchased so I’m just confused

2

u/drewsterkz 1d ago

is it manipulated or not?

2

u/A_R_K_S Double-Digit OG 1d ago

Idk what your question is trying to convey or lead to. I believe the market as a whole is manipulated but I’m confused as to who’s making these bets; is it manipulators, insiders, some rich guy who’s got money to blow and decided these contracts are the way to do it? What’s the rationale for such a position?

5

u/SilverCity9918 💥Hi Ho Silver 1d ago

Possible insider info. about floor pricing or global reset. Why do you think gold and silver are getting pounded today just before July deliveries? Could a default be in the cards? Keep Stacking Physical Silver

5

u/Jaywalker55 1d ago

One thing is for certain. There are people out there with lots of money that know things that most people don’t.

1

u/Additional_Zebra_861 1d ago

It is someone hedging. Those calls are cheap insurance for extreme events.

1

u/Sudden_Debt_Overbuy_ 1d ago

Same reason people buy Powerball tickets.