Choice Commodity Research

Sumeet Bagadia’s Desk:Buy GOLDM|05DEC25 in Commodity @ 122202 SL 121980 TGT 122646.00

MCX Gold Gap up by +1% MCX Silver Gap Up by +1.8% Natural Gas up by+2.3%

*US Prelim UoM Consumer Sentiment* Actual : 50.3 Forecast: 53.0 Prev.: 53.6 Impact : Positive for Bullion *US Prelim UoM Inflation Expectations* Actual : 4.7% Prev.: 4.6% Impact : Negative for Bullion

*Put Ratio Spread* Sumeet Bagadia’s Desk: Buy NATURALGAS 390 PE 20-Nov 1 lot @ 22 Sell NATURALGAS 365 PE 20-Nov 2 lots @ 10.40 Buy NATURALGAS 350 PE 20-Nov 1 lot @ 5.85 Max loss: 8812 above 390 (on expiry) Max profit of 22437 at 365 (on expiry) Max profit of 3687.50 below 350 (on expiry) Margin required: 180,000 Risk-Reward : 1 : 2.50 Breakeven: 382.90 (Duration: 2 week)

Put Ratio Spread - NATURALGAS,Max Profit - 22437.00| Max Loss - 8812.50.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in GOLDM|05DEC25

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in SILVERM|28NOV25

Sumeet Bagadia’s Desk : Stopped Out @ 18...Buy in Commodity NATURALGAS|20NOV25 CE 390.00 @ 19.5 SL 18 TGT 22.50

Sumeet Bagadia’s Desk : Book Part Profit @ 150532...Buy in Commodity SILVERM|28NOV25 @ 150000 SL 149550 TGT 150900.00

Sumeet Bagadia’s Desk:Buy SILVERM|28NOV25 in Commodity @ 150000 SL 149550 TGT 150900.00

Sumeet Bagadia’s Desk : Book Part Profit @ 121207...Buy in Commodity GOLDM|05DEC25 @ 120907 SL 120650 TGT 121421.00

Sumeet Bagadia’s Desk:Buy NATURALGAS|20NOV25 CE 390.00 in Commodity @ 19.5 SL 18 TGT 22.50

Sumeet Bagadia’s Desk:Buy GOLDM|05DEC25 in Commodity @ 120907 SL 120650 TGT 121421.00

*Commodity Update:* China’s trade surplus narrowed more than expected in October. Outbound shipments dropped 1.1% from a year earlier to an eight-month low of USD 305.4 billion. Imports rose just 1.0%.

*US Natural Gas Storage* Actual : 33B Forecast : 34B Prev.: 74B Impact: Positive for NG