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What Mocatta offers is something called a "lookback option,O and what the option offers an investor is the certainty, over a stated period of time, of buying gold, silver, or platinum at the bottom of the market during that period or of selling it at the top.
Instead, go to one of the many sites with free option calculators, type in the variables, and get back a dollar figure that represents one indication of what the option ought to be trading at.
(For a different response based on the idea that uninformed desires are not really desires for a certain option but only for what the option is falsely thought to be, see Sobel 2009).
All I do (and all professionals do) is explain what the option involves and what it means.
Similar(56)
"We know what the options are.
We've identified what the options are.
I just don't know what the options are".
We know what the options are out there.
But they don't know what the options are.
Parliamentarians more widely need access to what the options are.
I just want to explore what the options are.
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