well the guys/ gals that did the unusually large put purchase reported everywhere yesterday which got everyone's attention, mmmm, have done very very well in less than 24/36 hours. Nice one
"Shares of Market Vectors Gold Miners ETF (NYSE:GDX) saw unusually large options trading activity on Wednesday. Traders bought 62,484 put options on the stock, American Banking News.com reports. This is an increase of 331% compared to the average daily volume of 14,487 put options.
Market Vectors Gold Miners ETF (NYSE:GDX) traded down 3.98% on Wednesday, hitting $21.97."
http://www.mideasttime.com/market-v...f-unusually-large-options-trading-gdx/318245/
POG AUD doing very well, basically up a couple of dollars as FX and commodities fly around like fireflys........
POG Headline looks terrible and bound to flush many out.
12mth Daily Chart Below using simple 50-100-200 dma. basically down to test the 200dma
with so many puts being purchased when gold was 1292, looks like the market has gone hardcore bearish for end of month.
