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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (24331)11/20/2003 3:13:18 PM
From: Andrew  Read Replies (1) | Respond to of 39344
 
Would seem that the ones writing the options are doing whatever they can to keep gold down so they dont lose money. They must have a lot behind them.

In the face of the Euro making all time highs against USD and geopolitical concerns you would think gold would be over 400 here wouldn't you.

One good way to look at is that they are selling and probably short. Next week should be interesting.



To: Little Joe who wrote (24331)11/20/2003 3:35:04 PM
From: Louis V. Lambrecht  Respond to of 39344
 
Little Joe, I must be missing some data also. That $400 call is all over the place.
When I check the options,
futuresource.com
I see 400, 420, 440, 450 as about even open/interest resistances.