Click here to access this episode.

The Grand Marketplace: Energy: Oil – record Brent futures trading volume. A NADEX binary activity rundown. Metals: An aggressive selloff in gold on Monday. Silver opened off 2.5% on Monday. CME cuts trading margins on gold and silver futures. Silver fixing: another cry from the tinfoil hat club. Ags: July 7 – corn, wheat futures hit almost 4-year low. Update: Monday 7/14 – corn snaps losing streak. From Futures Magazine: option play: are soybeans really in the biggest slump in over 40 years?

The Scrolls: Listener questions and comments.

  • Question from Steve Fitzowen -?I am looking for a volatility pop in gold – maybe 2 or 3 month ATM iron condors. Which is the better performer from a vol perspective – Comex Gold or GLD? Do you have a preference as to which product you use when trading the shiny metal? Does retail flow in GLD affect the performance of the product? Great show. What about weekly? Lots of swings in the futures between shows.
  • Question from Verd3 -?This question is for the futures options roundtable. I am bearish on WTI at these levels. I am expecting a 5% retracement back to the 95 range in the next three months. Agree? Whats the best strategy to capture that move using options??