Gold’s Bullish Options Turn: Call Demand Surges as Fund Inflows Hit January High

‼️ Options investors are increasingly positioning for further gold upside. Call skew has risen materially relative to puts—reversing the earlier summer preference for downside protection—allowing investors to add upside exposure without taking on higher volatility. The shift is reinforced by gold funds recording their strongest inflows since January.

Hong Kong’s Tax Blitz: Carried-Interest Cuts Spark Fund Frenzy, Bank Jitters, and “Receptionist-to-IR” Hacks

🇭🇰 Hong Kong is pushing through a sweeping tax bill to fend off rivals like Singapore and Dubai, with a broad expansion of carried-interest exemptions that has sparked a rush among hedge funds and unease at investment banks worried about losing prop traders. Some firms are even exploring creative restructures—such as rebranding a receptionist as an investor relations officer—to maximize the potential tax windfall.

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