Image 2: The combined balance sheet of FOMC, ECB, PBOC and BOJ relative to aluminum and copper prices


Image 3: OECD Leading Economic Indicators vs. generic front month aluminum and copper


Image 4: Daily Ichi Moku charts for generic front month aluminum and copper


Image 5: Commitment of Traders report for aluminum and copper


Image 6: CVOL for aluminum


Image 7: CVOL for copper


Image 8: Term structure of implied volatility for aluminum and copper


Image 9: Implied volatility by delta surface for aluminum and copper


Image 10: Expected return for short 1-unit H1WH4 3.80 call vs. long 2 units of H1WH4 3.95 calls


Image 11: Expected change of vega for short 1-unit H1WH4 3.80 call vs. long 2 units of H1WH4 3.95 calls