Gold call-skew recovers

Via Bloomberg

Via Bloomberg 
  • highest end of week value since mid-November
  • a stronger positive reading means investors are willing to pay more for calls than puts that have strike prices the same distance away from current prices
  • spot gold 2nd minth volatility rose a third week to end Friday at 16.96%
Gold still holding above its 200DMA. If the Fed twist that should support gold via the weaker dollar and give it a boost into year end and New year seasonal demand.