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Message: Options Expiry

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Options Expiry

posted on Nov 22, 09 03:10PM

Well tommorrow is the big options expiration for gold and all those options priced from $1200 - $2500. Now while even I am not that bullish to think gold will be at $2500 in the next few months you got to wonder what the players are doing buying such a large number of options contracts seemingly so far out of the money.

Well no matter, if this options expiration is the same as last one which I expect it to be, we will see a nice increase in the price of gold. Which can only be hugely bullish for the price continueing upward.

Its going to be an extremely interesting next couple of months in the bulllion pits.

All in my honest opinion of course.

F.F.

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