This is what I am worried about for gold futures. Could it be that people find it hard to close out their vertical option spreads / iron condors etc because of low liquidity?? Thus the whole derivatives market dries up and people run into ?hard assets like gold. (Permanent, evolving / worsening and catastrophic backwardation due to widening bid / ask spreads with time) - majorly exacerbated by strong / hyper inflation of the usd.
![[UA] NAVI vs MOUZ | BO5 | IEM Rio 2024](http://i.ytimg.com/vi/CMBYk0cbGoA/mqdefault.jpg)
Zero comments?! This stuff is gold!
Juan Sanchez Thank you Juan, feel free to share this video with your colleagues :)
This is what I am worried about for gold futures. Could it be that people find it hard to close out their vertical option spreads / iron condors etc because of low liquidity?? Thus the whole derivatives market dries up and people run into ?hard assets like gold. (Permanent, evolving / worsening and catastrophic backwardation due to widening bid / ask spreads with time) - majorly exacerbated by strong / hyper inflation of the usd.
Volume may remain high (initially) - but spreads are widening and people are losing money to desperately close out their trades and minimise losses.