The Reddit Frenzy Has Already Quadrupled Silver’s Options Volume
- Premium paid for calls surges to the highest since 2007
- IShares Trust implied volatility jumps as traders buy up calls
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The silver options market, normally a quiet zone compared to gold or oil, has burst to life, roiled the most in years by the Reddit frenzy.
Volume of Comex calls and puts Monday were more than four and a half times the previous year’s average.