Bullboard - Stock Discussion Forum 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... see more

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First Trust US Equity Opportunities ETF > Options Expiration Day On THe LME

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Post by AlternativeView on Jul 04, 2018 10:45am

Options Expiration Day On THe LME

The criminals in charge of price manipulations appear to have decided to settle nickel today at $14,000 per tonne.

Maybe Turenne is wise to take a wait and see approach. We will see what he does on nickel's next leg up. This could start as early as tomorrow.

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Comment by AlternativeView on Jul 04, 2018 3:51pm

Turned 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 ...more

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First Trust US Equity Opportunities ETF