View Full Version : Leasing Comex Silver

6th March 2008, 20:17
Does anyone know the procedure to lease 5,000 oz of silver (one futures contract spec) from the COMEX. I would like a breakdown of lease rates, storage/demurrage charges etc. I don't expect you to do the research for me, I just want to know where to find the data.

I am interested in selling calls against the silver. Volatility in silver has gone up so much that they are really piling the premium into calls. I would just do "covered" calls, but I would like to do volumes of 50,000 oz or more, and the downside risk on going long 10 comex contracts is more than I care to stomach.

Any help from any knowledgeable COMEX (nymex) traders out there?