Oil volatility is climbing aggressively, and while most traders remain rigidly fixated on crude oil, gold and silver investors may want to pay even closer attention. According to Saxo Bank’s latest options brief, the CBOE Crude Oil Volatility Index (OVX) has surged past the 50 mark. Simultaneously, implied volatility for both gold and silver has ticked upward. Meanwhile, equity volatility, tracked by the VIX, has remained relatively subdued. This sharp divergence suggests that options traders are pricing significantly greater uncertainty into commodity markets than into stocks. Consequently, rising oil volatility ... (full story)