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First Trust US Equity Opportunities ETF FPX

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the IPOX-100 U. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index seeks to measure the performance of the equity securities of the 100 largest and typically most liquid initial public offerings (IPOs) (including spin-offs and equity carve-outs) of U.S. companies. It is non-diversified.


ARCA:FPX - Post by User

Comment by AlternativeViewon Jul 04, 2018 3:51pm
75 Views
Post# 28268975

RE:Options Expiration Day On THe LME

RE:Options Expiration Day On THe LMETurned out they closed it just under the equivalent of $14,100 USD per tonne.  All calls above $14,100 expired worthless and this was likely the "sweet" spot to minimize payout on oustanding put, as well.

Now the real buyers of nickel are no doubt on to these games and will time their buys according to the manipulators schedule.  The sale ended today and the LME indicates another 2,000 tonnes went out the door today, for a remaining nickel inventory of 269,898 tonnes.

Or you can just wait until Kitco get updated an look at their graph.
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