GREY:DRGDF - Post by User
Comment by
BuenaSuertaAtodon Jun 30, 2015 11:38am
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Post# 23881032
RE:Massive $13.50 put trade today
RE:Massive $13.50 put trade todaytradingnaked wrote: 6,750 puts traded today. $13.50 strike, July expiry. Somebody was short 6,750 puts, $9 strike, from way back when. They closed those today to do this trade. Personally, I'm short the $13.50 puts. We'll see what happens.
I expect that's been a good trade for you so far. But as I consider selling puts now I am concerned by the drop in gold coinciding with the EU apocalypse. I'd expect gold to be up now, along with US treasury bills. T bills are/have been up today (in US, not elsewhere), but gold is down along with most everything else. How can we explain this anomaly? Where is the smart money going, if not gold?