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Gold/Mining/Energy : Gold Price Monitor
GDXJ 90.01+2.8%Nov 5 4:00 PM EST
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To: TheBusDriver who wrote (65124)3/8/2001 2:01:35 PM
From: russwinter  Read Replies (2) of 116752
 
Watch that implied volatility and delta today, really spiking. If we can sustain this move through 268-270 I believe producers who write calls (Aussies and SA's) are going to have to delta hedge (buy) gold. Don't forget, higher prices mean more forced buy ins.

mrci.com
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