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Discovery Silver Corp T.DSV

Alternate Symbol(s):  DSVSF

Discovery Silver Corp. is a precious metals company engaged in the acquisition, development and operation of assets. The Company’s flagship asset is its 100%-owned Cordero project, an undeveloped silver deposit, which is located close to infrastructure in a mining belt in Chihuahua State, Mexico. The key targets being evaluated include La Perla (10 kilometers (km) south of Cordero), Dos Mil Diez (immediately southwest of Cordero) and Porfido Norte (10 km north of Cordero).


TSX:DSV - Post by User

Post by Digger0144on Dec 16, 2022 10:38pm
639 Views
Post# 35177268

Sorry...No Break Out..Back to Normal Next Week..

Sorry...No Break Out..Back to Normal Next Week..Today was a Quadruple Witching Day...it happens four times a year.  Some were caught holding the wrong end of the stick.  The share price will go back down next week.

The volume suggests that are a significant number of players involved in this play...very nice!

I will post a link for those that would like to study it in detail for others a short version will be posted.

All the Best!
Digger0144


What Is Quadruple Witching?

The term quadruple witching refers to the simultaneous expiration four times a year of stock options, index futures, and index futures options derivatives contracts. The fourth type of contract involved in quadruple witching, single-stock futures, hasn't traded in the U.S. since 2020 and was never a major contributor to equity trading volumes.12 What is now effectively "triple witching" occurs on the third Friday of March, June, September, and December. Equity trading volume tends to rise on these days and is typically heaviest during the last hour of trading as traders adjust their portfolios.

Quadruple (Quad) Witching: Definition and How It Impacts Stocks (investopedia.com)
 


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