Loading ...So what do we see in our Free and Fair mkts, so magnificently policed by the SEC…..but so obviously run by the Scum, that even Ray Charles could have seen it.
Largest Call possy for GLD is the 118.00 strike…well what do u know o/n Gld is down 1.2 % falling from 119.31 to 117.90….well ain’t that amazing, how lucky for the call granters.
Hows GDX doing I wonder, the largest Call strikes start at 20 and run to 23, whereas the largest Puts go from 21 dn to 18….so @ 20 or less the maximum number of buyers of both calls and puts, all get nothing….well what do u know it closed at 20.58 and has magically dropped 3 % to trade just under 20.00……thus taking out the maximum number of buyers.
http://finance.yahoo.com/q/op?s=GDX&straddle=true&date=1458777600
We may as well all go back to sleep, as the Option mkt makers/Scum have got both mkts just where they wanted them and they are highly unlikely to “allow” them to move much either way, otherwise a buyer might make a profit and that is no longer allowed in Scumland.
Here’s what SEC does really well, so please don’t disturb them by complaining in any way.
http://voices.washingtonpost.com/federal-eye/2010/04/new_sec_porn_bust_details_rele_1.html
But why single out the SEC, or for that matter the equally useless morons in the UK, at the FCA…..when the whole system is out of control…..
JPMadoff: The Unholy Alliance between America’s Biggest Bank and America’s Biggest Crook