Tuesday, October 4, 2011

Silver Open Interest Remains Near 100,000

Silver's open interest declined by 149 contracts today after a slight bump yesterday.
The combination of excessive margin in silver futures with the latest smash/ escalating financial panic is keeping volume low in paper silver, contrasted with physical silver, where volume and sales are literally off the charts.


Daily Settlements for Silver Futures (PRELIMINARY)Trade Date: 10/04/2011
Month Open High Low Last Change Settle Estimated
Volume
Prior Day
Open Interest
OCT 11 31.185 31.250 29.430 - -.955 29.795 31 22
NOV 11 30.880 31.110 29.515 - -.956 29.820 43 77
DEC 11 30.490 31.355 29.360 - -.956 29.839 40,607 61,726
JAN 12 30.510 30.510 29.630 - -.955 29.858 39 197
MAR 12 30.980 31.305 29.505A - -.956 29.877 5,123 9,955
MAY 12 - - 30.490A - -.953 29.896 177 2,775
JLY 12 29.840 29.840 29.630 - -.951 29.905 126 2,270
SEP 12 31.040 31.040 29.425 - -.952 29.888 30 816
DEC 12 30.700 30.700 29.400 - -.948 29.869 509 10,042
JAN 13 - - - - -.947 29.848 - 1
MAR 13 - - - - -.946 29.803 - 751
MAY 13 - - - - -.945 29.757 - 135
JLY 13 - - - - -.944 29.711 27 2,206
DEC 13 30.000 30.000 30.000 - -.939 29.603 19 7,787
JLY 14 - - 30.130A - -.932 29.428 - 259
DEC 14 - - - - -.929 29.303 4 1,271
JLY 15 - - - - -.929 29.049 5 170
DEC 15 29.000 29.000 28.785 - -.929 28.853 6 536
JLY 16 - - - - -.929 28.628 - 25
Total 46,746 101,021