Loading ... $5.4 mill spent on this vertical call spread with SLV
A couple things—I just got this from a very good friend who runs $200 mil. For a family office—he is not
A gold bug/perma bull—but he has gotten interested in G&S the past week or so—I didn’t understand
Everything but he said the Williams%R indicator was showing that there was “no money” behind the move in
The $ today—so, he said, the $ action plus the $5.4 mill spent on this vertical call spread with SLV
Piqued his interest
The sept 2023 $23 SLV call has. 82,670 volume on an open Interest of 92,996
The sept 2023 $25 call has 105,002 volume on. 17,507. o.i.
**********************************************************************************
Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.
Readings from 0 to -20 are considered overbought. Readings from -80 to -100 are considered oversold.
Williams %R reflects the level of the close relative to the highest high for the look-back period.
Williams % R. Catches divergences early