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To: JD who wrote (4881)12/29/1997 11:13:00 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 116759
 
Excellent snippit, JD! Well worth your taking time t'post; many thx!

BTW, are you or others aware of what the phrase OTC OPTION EXPIRY means? I'll share if you like.

O/49r



To: JD who wrote (4881)12/29/1997 12:11:00 PM
From: JD  Respond to of 116759
 
Bridge News follow through.

Sorry, just noticed that the article I copied wasn't complete when I first picked it up. Here it is with the bit about Gold included.

source: cnnfn.com

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COMEX Mar silver was also down sharply in sympathy and was last traded down 6 cents in Asia's after-hour Access trading at $6.29 per ounce, compared with Friday's settlement of $6.35.

Gold also came under pressure due to selling ahead of the option expiry, but the dealers said gold held firm as light book-squaring continued. Dec OTC gold options are expected to be exercised at around $290, they said.