Choice Commodity Research

Sumeet Bagadia’s Desk : Stopped Out @ 126573...Buy in Commodity GOLDM|05JAN26 @ 126775 SL 126580 TGT 127165.00

Sumeet Bagadia’s Desk:Buy NATURALGAS|23DEC25 PE 400.00 in Commodity @ 22.65 SL 20.1 TGT 27.75

Sumeet Bagadia’s Desk:Buy SILVERM|24DEC25 CE 170000.00 in Commodity @ 5498.5 SL 4898.5 TGT 6698.50

Sumeet Bagadia’s Desk:Buy GOLDM|05JAN26 in Commodity @ 126775 SL 126580 TGT 127165.00

*Natural Gas Update:* Forecasts indicate temperatures will stay mostly below normal through December 10, supporting higher residential and commercial consumption. LNG exports continue to increase, averaging 18 bcfd in November versus October’s record 16.6 bcfd. EIA data also revealed a larger-than-anticipated inventory decline during the early withdrawal season. However, record production levels—averaging 109.7 bcfd in the Lower 48—have kept supplies well-stocked, pushing inventories about 5% above seasonal norms.

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|23DEC25 CE 400.00

Sumeet Bagadia’s Desk : Book Part Profit @ 198...Buy in Commodity CRUDEOIL|16DEC25 CE 5200.00 @ 185 SL 169 TGT 217.00

Sumeet Bagadia’s Desk : Book Part Profit @ 3499...Buy in Commodity GOLDM|29DEC25 CE 125000.00 @ 3340 SL 3160 TGT 3700.00

Update Approx. Profit of Rs. 1655 at cmp Sumeet Bagadia's Desk : Book Part Profit in SILVERM strategy Bull Call Spread (Bullish Strategy) Sumeet Bagadia’s Desk: Buy SILVERM 163000 CE 24-Dec 1 lot @ 5809 Sell SILVERM 165,000 CE 24-Dec 1 lot @ 4970 Max loss 4195 below 163000 (On expiry) Max profit of 5805 above 165,000 (on expiry) Breakeven: 163839 Margin required: 63,400 Risk-Reward: 1 : 1.38 (Duration: 3-4 Week)

SILVER prices surged by +2050pts. with next hurdle seen around 163600--164600

Sumeet Bagadia’s Desk:Buy CRUDEOIL|16DEC25 CE 5200.00 in Commodity @ 185 SL 169 TGT 217.00

Sumeet Bagadia’s Desk : Target Achieved @ 166890...Buy in Commodity SILVERM|27FEB26 @ 165400 SL 164660 TGT 166880.00

Sumeet Bagadia’s Desk : Book Part Profit @ 33.9...Buy in Commodity NATURALGAS|23DEC25 CE 400.00 @ 32.3 SL 31 TGT 34.90

Sumeet Bagadia’s Desk:Buy NATURALGAS|23DEC25 CE 400.00 in Commodity @ 32.3 SL 31 TGT 34.90

Sumeet Bagadia’s Desk : Book Part Profit @ 166140...Buy in Commodity SILVERM|27FEB26 @ 165400 SL 164660 TGT 166880.00

Sumeet Bagadia’s Desk:Buy GOLDM|29DEC25 CE 125000.00 in Commodity @ 3340 SL 3160 TGT 3700.00

Sumeet Bagadia’s Desk:Buy SILVERM|27FEB26 in Commodity @ 165400 SL 164660 TGT 166880.00

*US Natural Gas Storage* Actual : -11B Forecast : -5B Prev.: -14B Impact: Positive for NG