Choice Commodity Research

Sumeet Bagadia’s Desk:Sell SILVERMIC|30APR26 in Commodity @ 227072 SL 230700 TGT 219816.00

Sumeet Bagadia’s Desk : Book Part Profit @ 21.4...Buy in Commodity NATURALGAS|23APR26 CE 290.00 @ 20.3 SL 18.8 TGT 23.30

*Call Ratio Spread* Sumeet Bagadia’s Desk: Buy NATURALGAS 280 CE 23-Apr 1 lot @ 24.80 Sell NATURALGAS 300 CE 23-Apr 2 lots @ 16.90 Buy NATURALGAS 310 CE 23-Apr 1 lot @ 13.90 Max loss: 6125 below 280 (on expiry) Max profit of 18875 at 300 (on expiry) Max profit of 6375 above 310 (on expiry) Risk-Reward: 1 : 3 Margin required: 94,345 Breakeven : 284.90 (Duration: 2 -3 weeks)

Call Ratio Spread - NATURALGAS,Max Profit - 18875.00| Max Loss - 6125.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Sumeet Bagadia’s Desk:Buy CRUDEOILM|20APR26 in Commodity @ 9155 SL 8930 TGT 9605.00

Sumeet Bagadia’s Desk:Buy NATURALGAS|23APR26 CE 290.00 in Commodity @ 20.3 SL 18.8 TGT 23.30

Global Update Ukraine disabled about 40% of Russia’s oil export capacity via Baltic drone strikes, disrupting ports like Primorsk and Ust-Luga. Combined with Hormuz disruptions, this adds fresh upside pressure to already elevated oil prices. Impact: Positive for Crude Oil. -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 950...Buy in Commodity CRUDEOILM|16APR26 CE 9000.00 @ 844 SL 739 TGT 1054.00

Global Update Iran has indicated the Strait of Hormuz will stay open only to “friendly nations” like India, China, Pakistan, Iraq and Russia, while restricting access for adversaries during ongoing regional tensions. -Choice Broking

Natural Gas Update Natural gas prices rose amid uncertain Middle East de-escalation, disrupted LNG flows from Hormuz closure and Qatar outage, low Europe storage, and rising Asia competition, increasing risks of near-term supply shortages. -Choice Broking

Copper Update Copper prices edged up, heading for weekly gains as Trump delayed Iran strikes and talks improved sentiment. Strong China industrial profits and firm import premiums supported sentiment, though unresolved US-Iran tensions kept markets cautious. -Choice Broking

Global Update UAE signals readiness to join Hormuz maritime force, as Persian Gulf nations and Western allies consider strategies to restore shipping through this vital energy passage. -Choice Broking

Sumeet Bagadia’s Desk:Buy CRUDEOILM|16APR26 CE 9000.00 in Commodity @ 844 SL 739 TGT 1054.00

Sumeet Bagadia’s Desk:Buy ZINC|30APR26 in Commodity @ 312.75 SL 306.5 TGT 325.25

Zinc Update Boliden’s Garpenberg mine in Sweden cut output to 30% due to seismic activity, signaling a larger-than-expected supply disruption. Impact: Positive for Zinc. -Choice Broking

Crude Oil Update Iraqi oil production has sharply declined as due to the ongoing conflict in Iran disrupted Strait of Hormuz exports, storage tanks reached at critical levels, with officials warning further output cuts if shipping constraints persist. Impact: Positive for Crude Oil. -Choice Broking

Aluminium Update Japanese aluminium premiums rose to $350–353 per ton for April–June, highest in 11 years, driven by Middle East supply disruptions, strong demand, and and a growing dependence on regional imports, of which Japan sources 30%. Impact: Positive for Aluminium -Choice Broking