AustraliaDaily Briefs

Daily Brief Australia: Iron Ore and more

In today’s briefing:

  • [Iron Options Weekly 2024/31] Small Price Recovery in Iron Ore Following China Stimulus Measures


[Iron Options Weekly 2024/31] Small Price Recovery in Iron Ore Following China Stimulus Measures

By Pranay Yadav

  • Iron ore prices rose 1.8% last week, maintaining levels above $100/MT due to positive sentiment from potential Chinese stimulus measures.
  • The volume put/call ratio for FEF options last week increased to 1.23, reflecting renewed put activity despite positive price action.
  • Implied volatility (IV) remained largely flat last week. Despite continued interest in put options, IV skew declined suggesting puts became relatively cheaper.

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