GOLD 0.51% $1,391.7 gold futures

SG I would suggest these puts were to protect their long...

  1. 4,485 Posts.
    SG I would suggest these puts were to protect their long positions rather than being necessarily oracles. Its quite common practice & as we have seen quite a large uptick in GLD & GDX this makes sense. The smart or professional money would be trading COMEX not some semi retail product.
 
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