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Strategies & Market Trends : Strictly: Drilling II

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To: jimsioi who wrote (25796)1/16/2003 4:35:22 PM
From: ItsAllCyclical  Read Replies (1) of 36161
 
Remember too that options expire tomorrow. Part of gold shares lagging may be due to options. Either way we'll find out for sure next week.

quote.cboe.com

Max pain on the XAU looks to be about 75, trading 77 currently. Again usually max pain is achieved anywhere from 1-2 weeks before expiration. I don't think it'll be much of a factor tomorrow, but it's another detail to watch.
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