Yes — $15,000 to $20,000 strikes. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Who's Buying $20,000 Gold Calls? Stephen Prior, Publisher, Monument Traders Alliance Dear Reader, While most traders debate whether gold can hold recent levels, something unusual is happening in the options market. There is open interest building in gold calls with strike prices between $15,000 and $20,000 per ounce. That's not a small bet. Calls that far above the current price only pay off if gold makes a dramatic move higher. Most of the time, contracts like that expire worthless. But when traders put money into positions like these, it usually means they believe a major shift is possible. That lines up with what a gold strategist we call "The Auditor" believes may be developing — a policy change that could reset how gold is valued. He refers to it as a potential "Gold Window." On March 4 at 1 p.m. ET, our colleague Marc Lichtenfeld at The Oxford Club will sit down with him to explain: What deep out-of-the-money calls can signal How policy shifts have moved gold in the past And where the leverage may be if gold accelerates The event is free. 👉 Register for the 20x Gold Window March 4 | 1 p.m. ET Yours in smart speculation, Stephen Prior, Publisher Monument Traders Alliance   Monument Traders Alliance, LLC   You are receiving this email because you subscribed to Trade of the Day. Trade of the Day is published by Monument Traders Alliance, LLC. To stop receiving special invitations and offers from Trade of the Day, please click here. Please note: This will not impact the fulfillment of your subscription in any way. Ready to start investing? Click here now. Questions? Check out our FAQs. Trying to reach us? Contact us here. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 800.507.1399 | International: +1.443.353.4977 Website | Privacy Policy Keep the emails you value from falling into your spam folder. Whitelist Trade of the Day. © 2026 Monument Traders Alliance, LLC All Rights Reserved Please do not reply to this email as it goes to an unmonitored inbox. Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201. REF: 000133481441