Loading ...the largest combined GLD strike is 129.00, with 18.5 K calls and 3 K puts…129.00 is roughly 20 bucks down…..from last nights 1390 close.
10 bucks down there are 10.5 K calls at 130.00.
Had we stayed near the O/N highs another 22 K in calls would have been in the money….
If the buyers were to take the scum granters on, here…there would be boat loads of buying from the granters to cover, what they shorted this AM alone…..plus all the option cover….